ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.038510000 is certain.
Caution: A possible change in the direction of resistance at 0.039110000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040970000 |
| 2nd High | 0.039990000 |
| Next High | 0.039110000 |
| Current Price | 0.038840000 |
| Next Low | 0.038510000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.039110000 – 0.039990000 – 0.040970000 – 0.038510000 – 0.039150000 – 0.040460000 — 46.883195618569 – 43.789128611305
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –