ETH/BTC – 4H – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
A bearish trend down to the next support line at 0.03382 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.03413 is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Additionally a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black 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 likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0353 |
| 2nd High | 0.0342 |
| Next High | 0.03413 |
| Current Price | 0.034070000 |
| Next Low | 0.03382 |
| 2nd Low | 0.03335 |
| 3rd Low | 0.03324 |
0.03413 – 0.0342 – 0.0341 – 0.03382 – 0.03335 – 0.03324 — 39.781743365533 – 38.675069475402 — 10.029586523221 – 7.86280861656 – 11.312075878532 – 10.029948684346
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Triple bottom chart pattern – –