The combination Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.020020000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.
Also there is a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.021720000 |
2nd High | 0.020180000 |
Next High | 0.020020000 |
Current Price | 0.019770000 |
Next Low | |
2nd Low | |
3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji