In addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The combination Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline down.
A bearish movement downwards to the next support level at 0.031760000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.032680000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.
In addition a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. which is often a bearish chart scenario. The pair is likely to go down.
In addition a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
In addition a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. which is a negative 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 | |
| 2nd High | 0.033020000 |
| Next High | 0.032680000 |
| Current Price | 0.032050000 |
| Next Low | 0.031760000 |
| 2nd Low | 0.031460000 |
| 3rd Low | 0.031200000 |
0.032680000 – 0.033020000 – 0.032460000 – 0.031760000 – 0.031850000 – 0.031960000 — 42.916067586287 – 38.375619106146
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern –