ETH/BTC – 30M – SELLNext a ‘Triple bottom chart pattern’ chart pattern is found. The formation shows ‘Triple bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to rise.
The pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.
The bearish trend down to the next support level at 0.035570000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at could occur.
Consider stop-loss settings accordingly.
Next a ‘StochRSI cross above 20’ indicator signal is existing. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart scenario. The pair is likely to go up.
Next a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.036210000 |
| Next Low | 0.035570000 |
| 2nd Low | 0.034340000 |
| 3rd Low | 0.033330000 |
0.036110000 – 0.034950000 – 0.033920000 – 0.035570000 – 0.034340000 – 0.033330000 — 52.763909873462 – 44.754260353437
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Triple bottom chart pattern – –