The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.02877 will persist.
Caution: A possible change in the direction of the resistance level at 0.02977 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.
Additionally a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03029 |
| 2nd High | 0.02994 |
| Next High | 0.02977 |
| Current Price | 0.028750000 |
| Next Low | 0.02877 |
| 2nd Low | 0.02842 |
| 3rd Low | 0.02469 |
0.02977 – 0.02994 – 0.03029 – 0.02877 – 0.02842 – 0.02877 —
0.029060000 – 0.028970000 —
48.621308898991 – 43.138931955681 —
– —
0.02977 – 1771401600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –