ETH/BTC – 4H – SELLBesides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline down.
A bearish trend downwards to the next support at 0.038000000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.041100000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
Besides a ‘Two Crows’ candle chart pattern is detected. The chart forms ‘Two Crows’. which 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 likelyhood 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 | 0.039040000 |
| Next Low | 0.038000000 |
| 2nd Low | 0.036070000 |
| 3rd Low | 0.034670000 |
0.041100000 – 0.041500000 – 0.041630000 – 0.038000000 – 0.038220000 – 0.038510000 — 51.698004206209 – 47.887820589952
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern – –