ETH/BTC – 30M – SELLIn addition a ‘Inverse Head and Shoulder chart pattern’ chart pattern is discovered. The chart shows ‘Inverse Head and Shoulder chart pattern’. which is a positive signal. The currency pair is likely to rise.
The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards
A bearish descent downwards to the next support at is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.03289 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
In addition a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The pair is likely to go down.
In addition a ‘Matching Low’ candle chart pattern is detected. The candles show ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03306 |
| 2nd High | 0.03292 |
| Next High | 0.03289 |
| Current Price | 0.032600000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03289 – 0.03257 – 0.03272 – 0.03244 – 0.03235 – 0.03225 — 46.571979802673 – 46.571979802673 — 33.170225385528 – 30.909594400321 – 26.70521945433 – 31.262569426441
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Inverse Head and Shoulder chart pattern – –