ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.039980000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.040440000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Two Crows’ candlestick pattern is discovered. The chart forms ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.041100000 |
| Next High | 0.040440000 |
| Current Price | 0.040170000 |
| Next Low | 0.039980000 |
| 2nd Low | 0.038520000 |
| 3rd Low | 0.038380000 |
0.040440000 – 0.041100000 – 0.040810000 – 0.039980000 – 0.038520000 – 0.038380000 — 44.324026243627 – 42.396746678615
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – – –