Next a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.
The pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 0.02912 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.02967 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘StochRSI Hidden Bearish Divergence’ indicator signal is found. The indicator is ‘StochRSI Hidden Bearish Divergence’. Dieses ist oftmals ein bullisches chart signal. Das Paar tendiert eventuell nach oben.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.029285 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.02967 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02972 |
| 2nd High | 0.02969 |
| Next High | 0.02967 |
| Current Price | 0.029320000 |
| Next Low | 0.02912 |
| 2nd Low | 0.02888 |
| 3rd Low | 0.0288 |
0.02967 – 0.02943 – 0.0293 – 0.02912 – 0.02888 – 0.02897 —
0.029440000 – 0.029590000 —
57.453811336648 – 53.941110853847 —
– —
0.02967 – 1773324000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –