The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.02966 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.03359 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ” indicator layout is found. The indicator shows ”. which is often a bearish signal. The pair is likely to go down.
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Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.
Besides a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.
Besides a ‘Three Black Crows’ candlestick 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 | 0.03395 |
| 2nd High | 0.03394 |
| Next High | 0.03359 |
| Current Price | 0.030330000 |
| Next Low | 0.02966 |
| 2nd Low | 0.02469 |
| 3rd Low | 0.02327 |
0.03359 – 0.03394 – 0.03336 – 0.02966 – 0.03187 – 0.03285 —
0.031010000 – 0.030660000 —
35.657245915114 – 33.686019382166 —
– —
0.03359 – 1769706000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –