The pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.03279 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.
In addition a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.
In addition a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.03292 |
| 2nd High | 0.03289 |
| Next High | 0.03279 |
| Current Price | 0.032490000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03279 – 0.03289 – 0.03257 – 0.03217 – 0.03249 – 0.03244 — 63.694956965794 – 53.89589076041 — 93.821138211382 – 89.114223756417 – 89.130697753058 – 92.252166726394
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern – –