The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.03236 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.03359 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.
In addition a ‘Two Crows’ candle chart pattern is found. The candles show ‘Two Crows’. which is a bearish pattern signal. 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 | 0.03435 |
| 2nd High | 0.03365 |
| Next High | 0.03359 |
| Current Price | 0.033350000 |
| Next Low | 0.03236 |
| 2nd Low | 0.0323 |
| 3rd Low | 0.03224 |
0.03359 – 0.03365 – 0.03355 – 0.03236 – 0.0323 – 0.03224 — 61.383679321969 – 59.771831406353 — 97.823417792164 – 92.66101127358 – 92.970492542184 – 93.676152994312
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – – –