ETH/BTC – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.036435 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.037730000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.038400000 |
| 2nd High | 0.038150000 |
| Next High | 0.037730000 |
| Current Price | 0.036990000 |
| Next Low | 0.036500000 |
| 2nd Low | 0.035900000 |
| 3rd Low | 0.035240000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows