ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.020020000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.
There is also a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.021720000 |
| 2nd High | 0.020180000 |
| Next High | 0.020020000 |
| Current Price | 0.019750000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows