Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline down.
A descent down to the next support level at 0.031290000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.032050000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.
Furthermore a ‘StochRSI fall below 80’ indicator signal is found. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The currency pair is likely to fall.
Furthermore a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032690000 |
| 2nd High | 0.032410000 |
| Next High | 0.032050000 |
| Current Price | 0.031450000 |
| Next Low | 0.031290000 |
| 2nd Low | 0.030380000 |
| 3rd Low | 0.029970000 |
0.032050000 – 0.031730000 – 0.032410000 – 0.031290000 – 0.031640000 – 0.030380000 — 40.068389822016 – 36.673824335818
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –