ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.038520000 is expected.
Caution: A possible change in the direction of the resistance line at 0.038920000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Two Crows’ candlestick pattern is detected. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039060000 |
| 2nd High | 0.039010000 |
| Next High | 0.038920000 |
| Current Price | 0.038690000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.037670000 |
0.038920000 – 0.039010000 – 0.038930000 – 0.038520000 – 0.038580000 – 0.038810000 — 39.396627109941 – 37.141817981802
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – – –