ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.
A descending movement downwards to the next support level at 0.03306 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.03336 should be noted.
Consider stop-loss settings accordingly.
Then a ‘ ‘ indicator signal is detected. The indicator is ‘ ‘. which is often a bearish chart scenario. The pair is likely to go down.
Then a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The pair is likely to go down.
Then a ‘Two Crows’ chart pattern is discovered. The candles show ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03462 |
| 2nd High | 0.03395 |
| Next High | 0.03336 |
| Current Price | 0.033810000 |
| Next Low | 0.03306 |
| 2nd Low | 0.03302 |
| 3rd Low | 0.0323 |
0.03336 – 0.03327 – 0.0332 – 0.03306 – 0.03302 – 0.0323 —
0.033860000 – 0.033940000 —
70.150135181783 – 67.53769653078 —
– —
0.03336 – 1769463000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Double bottom chart pattern – –