ETH/BTC – 30M – SELLAlso there is a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The combination Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline downwards
A descending movement down to the next support at 0.031540000 will persist.
Caution: A possible change in the direction of the resistance line at 0.032210000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.032210000 |
| Current Price | 0.031700000 |
| Next Low | 0.031540000 |
| 2nd Low | 0.029940000 |
| 3rd Low | 0.029760000 |
0.032210000 – 0.030490000 – 0.030810000 – 0.031540000 – 0.029940000 – 0.029760000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern