The pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
A bearish movement downwards to the next support line at 0.0323 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.03529 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Furthermore a ‘Three Inside Down’ candle pattern is discovered. The candles show ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03687 |
| 2nd High | 0.0353 |
| Next High | 0.03529 |
| Current Price | 0.033530000 |
| Next Low | 0.0323 |
| 2nd Low | 0.03217 |
| 3rd Low | 0.03209 |
0.03529 – 0.03515 – 0.03449 – 0.0323 – 0.03263 – 0.03275 —
0.033400000 – 0.033760000 —
58.460970116063 – 61.631922397272 —
– —
0.03529 – 1768752000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Inside Down – Symmetrical Triangle Chart Pattern – –