ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 0.03299 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.033180000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Tweezers Top’ candle chart pattern is detected. The chart forms ‘Tweezers Top’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03462 |
| 2nd High | 0.03395 |
| Next High | 0.033180000 |
| Current Price | 0.033090000 |
| Next Low | 0.03299 |
| 2nd Low | 0.03295 |
| 3rd Low | 0.03281 |
0.033180000 – 0.03311 – 0.03315 – 0.03299 – 0.03295 – 0.03281 —
0.033180000 – 0.033140000 —
61.672527268087 – 55.047240540507 —
0.033180000 – 1769279400 —
– 1769279400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Tweezers Top – – –