ETH/BTC – 1H – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 0.03313 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.03388 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
There is also a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03442 |
| 2nd High | 0.03435 |
| Next High | 0.03388 |
| Current Price | 0.033060000 |
| Next Low | 0.03313 |
| 2nd Low | 0.03236 |
| 3rd Low | 0.03224 |
0.03388 – 0.0336 – 0.03365 – 0.03313 – 0.03236 – 0.03224 — 44.149088339244 – 36.15382475451 — 35.752245862884 – 9.6 – 59.462884160757 – 34.934594168637
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –