And also a ‘Double top chart pattern’ chart formation is found. The chart picture shows ‘Double top chart pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.040440000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
And also a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.041100000 |
| Next High | 0.040440000 |
| Current Price | 0.039880000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.040440000 – 0.041100000 – 0.039140000 – 0.039980000 – 0.038520000 – 0.038000000 — 39.364447628841 – 35.234300905285
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double top chart pattern – –