ETH/BTC – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.038665 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.040080000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041140000 |
| 2nd High | 0.040320000 |
| Next High | 0.040080000 |
| Current Price | 0.039350000 |
| Next Low | 0.037880000 |
| 2nd Low | 0.037010000 |
| 3rd Low | 0.036610000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows