ETH/BTC – 1H – SELLThe pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 0.03285 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.033590000 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.
In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
In addition a ‘Matching Low’ candlestick pattern is discovered. The candles show ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.03394 |
| Next High | 0.033590000 |
| Current Price | 0.033300000 |
| Next Low | 0.03285 |
| 2nd Low | 0.0323 |
| 3rd Low | 0.03218 |
0.033590000 – 0.03394 – 0.03336 – 0.03285 – 0.0333 – 0.03341 —
0.033590000 – 0.033390000 —
52.002201911274 – 45.85006775973 —
0.033590000 – 1769706000 —
– 1769706000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – – –