ETH/BTC – 1H – SELLAlso there is a ‘Double top chart pattern’ chart pattern is existing. The chart picture shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline down.
A descent down to the next support level at 0.038520000 will persist.
Caution: A possible change in the direction of the resistance zone at 0.039010000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039980000 |
| 2nd High | 0.039720000 |
| Next High | 0.039010000 |
| Current Price | 0.038530000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.037670000 |
0.039010000 – 0.039720000 – 0.039980000 – 0.038520000 – 0.038580000 – 0.038510000 — 38.027135573773 – 33.12561072291
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double top chart pattern – –