ETH/BTC – 1H – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
A bearish trend downwards to the next support line at 0.036790000 is certain.
Caution: A possible change in the direction of the resistance line at 0.038660000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative 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 | 0.039460000 |
| 2nd High | 0.039190000 |
| Next High | 0.038660000 |
| Current Price | 0.036740000 |
| Next Low | 0.036790000 |
| 2nd Low | 0.034670000 |
| 3rd Low | 0.031430000 |
0.038660000 – 0.039190000 – 0.039460000 – 0.036790000 – 0.037290000 – 0.037390000 — 40.327728870621 – 35.470571487982
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double top chart pattern – –