Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
A bearish trend down to the next support at 0.02883 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.0298 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.
Also there is a ‘Two Crows’ candle pattern is found. The chart shows ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02995 |
| 2nd High | 0.02988 |
| Next High | 0.0298 |
| Current Price | 0.028940000 |
| Next Low | 0.02883 |
| 2nd Low | 0.02855 |
| 3rd Low | 0.02844 |
0.0298 – 0.02988 – 0.02964 – 0.02883 – 0.0289 – 0.02931 —
0.029230000 – 0.029050000 —
48.022127359797 – 45.565081059162 —
– —
0.0298 – 1770341400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern – –