ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.038510000 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.038930000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Additionally a ‘Matching Low’ candlestick chart pattern is existing. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039370000 |
| 2nd High | 0.039040000 |
| Next High | 0.038930000 |
| Current Price | 0.037860000 |
| Next Low | 0.038510000 |
| 2nd Low | 0.038420000 |
| 3rd Low | 0.038210000 |
0.038930000 – 0.038840000 – 0.038770000 – 0.038510000 – 0.038610000 – 0.038510000 — 13.500415633278 – 12.870775677394
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – – –