ETH/BTC – 4H – SELLAlso there is a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The combination Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline down.
A bearish descent downwards to the next support at 0.038000000 will persist.
Caution: A possible change in the direction of the resistance line at 0.041100000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Two Crows’ candlestick pattern is existing. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041630000 |
| 2nd High | 0.041500000 |
| Next High | 0.041100000 |
| Current Price | 0.039490000 |
| Next Low | 0.038000000 |
| 2nd Low | 0.036070000 |
| 3rd Low | 0.034670000 |
0.041100000 – 0.041500000 – 0.041630000 – 0.038000000 – 0.038220000 – 0.038510000 — 49.328410017749 – 46.103400938759
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern – –