The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
A descent down to the next support at 0.02861 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.02981 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03029 |
| 2nd High | 0.03024 |
| Next High | 0.02981 |
| Current Price | 0.028620000 |
| Next Low | 0.02861 |
| 2nd Low | 0.02842 |
| 3rd Low | 0.02469 |
0.02981 – 0.03024 – 0.03029 – 0.02929 – 0.02952 – 0.02958 —
0.029480000 – 0.028820000 —
40.245826109633 – 30.036346051274 —
– —
0.02981 – 1777867200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –