ETH/BTC – 30M – SELLBesides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.03285 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 0.03354 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Matching Low’ chart pattern is existing. The chart shows ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03384 |
| 2nd High | 0.03359 |
| Next High | 0.03354 |
| Current Price | 0.033050000 |
| Next Low | 0.03285 |
| 2nd Low | 0.0323 |
| 3rd Low | 0.03218 |
0.03354 – 0.03359 – 0.03384 – 0.03285 – 0.0333 – 0.03341 —
0.033200000 – 0.033140000 —
40.870323577609 – 44.402699875119 —
– —
0.03354 – 1769736600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – – –