ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
A bearish trend downwards to the next support line at 0.036610000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.038460000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.041140000 |
| Next High | 0.038460000 |
| Current Price | 0.037230000 |
| Next Low | 0.036610000 |
| 2nd Low | 0.036500000 |
| 3rd Low | 0.035900000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows