Additionally a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘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 bearish trend downwards to the next support level at is expected.
Caution: A possible change in the direction of the resistance line at 0.032690000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.
Additionally a ‘RSI fall below 30’ indicator layout is existing. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The currency pair is likely to fall.
Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.033020000 |
| Next High | 0.032690000 |
| Current Price | 0.031940000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.032690000 – 0.032680000 – 0.033020000 – 0.031760000 – 0.031760000 – 0.031850000 — 36.390065123579 – 35.217141548963
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern –