ETH/BTC – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 0.03452 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.034920000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish pattern signal. 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 | 0.036280000 |
| 2nd High | 0.035630000 |
| Next High | 0.034920000 |
| Current Price | 0.034360000 |
| Next Low | 0.034120000 |
| 2nd Low | 0.034070000 |
| 3rd Low | 0.033370000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows