Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline downwards
A descending movement downwards to the next support at 0.02676 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.02754 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02909 |
| 2nd High | 0.02837 |
| Next High | 0.02754 |
| Current Price | 0.027060000 |
| Next Low | 0.02676 |
| 2nd Low | 0.02589 |
| 3rd Low | 0.02469 |
0.02754 – 0.02837 – 0.02759 – 0.02676 – 0.02589 – 0.02617 —
0.027090000 – 0.027200000 —
53.909736749823 – 55.987668485461 —
– —
0.02754 – 1781611200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Symmetrical Triangle Chart Pattern – –