ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.036790000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.037630000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The 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 | 0.038660000 |
| 2nd High | 0.037660000 |
| Next High | 0.037630000 |
| Current Price | 0.036740000 |
| Next Low | 0.036790000 |
| 2nd Low | 0.035400000 |
| 3rd Low | 0.034670000 |
0.037630000 – 0.037660000 – 0.038660000 – 0.036790000 – 0.037720000 – 0.037460000 — 35.768281123256 – 32.51807460245
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double top chart pattern – –