ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline down.
The bearish trend down to the next support level at is likely expected.
Caution: A possible change in the direction of the resistance line at 0.032410000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover 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.
Moreover a ‘Tweezers Top’ candle chart pattern is detected. The candles show ‘Tweezers Top’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.033020000 |
| 2nd High | 0.032690000 |
| Next High | 0.032410000 |
| Current Price | 0.031640000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.032410000 – 0.031140000 – 0.030770000 – 0.031640000 – 0.030380000 – 0.029970000 — 46.304490789189 – 41.461690317382
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Tweezers Top – Symmetrical Triangle Chart Pattern – –