ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 0.03285 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.03359 could happen.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.
And also a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.
And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
And also a ‘Falling Window’ chart pattern is existing. The candles form ‘Falling Window’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03388 |
| 2nd High | 0.03384 |
| Next High | 0.03359 |
| Current Price | 0.033150000 |
| Next Low | 0.03285 |
| 2nd Low | 0.0323 |
| 3rd Low | 0.03218 |
0.03359 – 0.03384 – 0.03388 – 0.03285 – 0.0333 – 0.03341 —
0.033380000 – 0.033440000 —
49.954803232923 – 47.428117767819 —
– —
0.03359 – 1769707800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Falling Window – Double top chart pattern – –