ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.03047 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.03057 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
In addition a ‘Matching Low’ candlestick pattern is found. The candles form ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03087 |
| 2nd High | 0.03074 |
| Next High | 0.03057 |
| Current Price | 0.030390000 |
| Next Low | 0.03047 |
| 2nd Low | 0.03037 |
| 3rd Low | 0.03032 |
0.03057 – 0.03074 – 0.03087 – 0.03047 – 0.03054 – 0.03047 —
0.030470000 – 0.030480000 —
40.866479599376 – 53.24320406526 —
– —
0.03057 – 1776753000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – – –