ETH/BTC – 30M – SELLBesides a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.
A descending movement downwards to the next support line at 0.038510000 is considered certain.
Caution: A possible change in the direction of resistance at 0.039720000 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Besides a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039980000 |
| 2nd High | 0.039970000 |
| Next High | 0.039720000 |
| Current Price | 0.038700000 |
| Next Low | 0.038510000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.039720000 – 0.039970000 – 0.039980000 – 0.038810000 – 0.039430000 – 0.038770000 — 40.465287326065 – 38.039955336436
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –