The pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.033790000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.035630000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency 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 | 0.035980000 |
2nd High | 0.035670000 |
Next High | 0.035630000 |
Current Price | 0.033930000 |
Next Low | 0.033790000 |
2nd Low | 0.033580000 |
3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows