The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 0.03286 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.03356 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03398 |
| 2nd High | 0.03379 |
| Next High | 0.03356 |
| Current Price | 0.033220000 |
| Next Low | 0.03286 |
| 2nd Low | 0.03209 |
| 3rd Low | 0.03201 |
0.03356 – 0.03327 – 0.03379 – 0.03286 – 0.0333 – 0.03299 — 55.251382813426 – 45.100574947886 — 36.605913325233 – 32.315377345754 – 34.747311102111 – 34.047072588992
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Rising Wedge Chart Pattern – –