Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The combination Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline down.
A continuation of the bearish trend down to the next support at is expected.
Caution: A possible change in the direction of the resistance line at 0.03388 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is 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 chart scenario. The currency pair could go down.
Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03442 |
| 2nd High | 0.03435 |
| Next High | 0.03388 |
| Current Price | 0.033440000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03388 – 0.0336 – 0.03359 – 0.0332 – 0.0326 – 0.03236 — 45.682044991342 – 44.129285017357 — 3.4729989388855 – 3.4729989388855 – 15.689247934939 – 7.0114734802566
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –