ETH/BTC – 4H – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
A bearish descent downwards to the next support level at 0.036990000 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.040760000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The 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 | |
| 2nd High | 0.041140000 |
| Next High | 0.040760000 |
| Current Price | 0.037740000 |
| Next Low | 0.036990000 |
| 2nd Low | 0.036610000 |
| 3rd Low | 0.031890000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows