ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline downwards
A bearish movement downwards to the next support line at 0.023210000 will continue.
Caution: A possible change in the direction of the resistance level at 0.024270000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.026010000 |
| 2nd High | 0.025960000 |
| Next High | 0.024270000 |
| Current Price | 0.023480000 |
| Next Low | 0.023210000 |
| 2nd Low | 0.022830000 |
| 3rd Low | 0.022720000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows