ETH/BTC – 30M – SELLFurthermore a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.038580000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.038930000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039720000 |
| 2nd High | 0.039060000 |
| Next High | 0.038930000 |
| Current Price | 0.038780000 |
| Next Low | 0.038580000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.037670000 |
0.038930000 – 0.039060000 – 0.039720000 – 0.038580000 – 0.038810000 – 0.039430000 — 45.807212839198 – 42.857799321448
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –