The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.02877 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.02941 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
There is also a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black 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 chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02972 |
| 2nd High | 0.02942 |
| Next High | 0.02941 |
| Current Price | 0.029010000 |
| Next Low | 0.02877 |
| 2nd Low | 0.02872 |
| 3rd Low | 0.02861 |
0.02941 – 0.0294 – 0.02942 – 0.02877 – 0.0291 – 0.02904 —
0.029140000 – 0.029090000 —
52.71331920795 – 49.73317000357 —
– —
0.02941 – 1772780400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –