ETH/BTC – 30M – SELLAdditionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.038520000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.038920000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039060000 |
| 2nd High | 0.039010000 |
| Next High | 0.038920000 |
| Current Price | 0.038530000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.037670000 |
0.038920000 – 0.039010000 – 0.038930000 – 0.038520000 – 0.038580000 – 0.038810000 — 32.775615469595 – 29.060188245835
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –