In addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.
The pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline down.
A descending movement downwards to the next support line at will persist.
Caution: A possible change in the direction of resistance at 0.0312 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.
In addition a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The pair is likely to go down.
In addition a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. 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 | 0.03359 |
| 2nd High | 0.03166 |
| Next High | 0.0312 |
| Current Price | 0.030570000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.0312 – 0.03166 – 0.02953 – 0.03049 – 0.02923 – 0.02927 —
0.031090000 – 0.030990000 —
51.105134692299 – 50.492094475148 —
– —
0.0312 – 1773889200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –