ETH/BTC – 1H – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.039010000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039980000 |
| 2nd High | 0.039720000 |
| Next High | 0.039010000 |
| Current Price | 0.038660000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.039010000 – 0.038860000 – 0.038900000 – 0.038410000 – 0.038220000 – 0.038500000 — 54.104844686359 – 52.640125111529
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double bottom chart pattern – –