ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
A bearish trend downwards to the next support level at 0.02927 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.02967 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Two Crows’ candle pattern is detected. The candles form ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02972 |
| 2nd High | 0.02969 |
| Next High | 0.02967 |
| Current Price | 0.029610000 |
| Next Low | 0.02927 |
| 2nd Low | 0.02912 |
| 3rd Low | 0.02888 |
0.02967 – 0.02943 – 0.0293 – 0.02927 – 0.02912 – 0.02888 —
0.029350000 – 0.029730000 —
49.771696055104 – 61.490110354061 —
– —
0.02967 – 1773324000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – – –