Besides a ‘Double top chart pattern’ chart pattern is detected. The chart forms ‘Double top chart pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.0323 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.03394 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The currency pair is likely to fall.
Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Besides a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0353 |
| 2nd High | 0.03529 |
| Next High | 0.03394 |
| Current Price | 0.032130000 |
| Next Low | 0.0323 |
| 2nd Low | 0.03217 |
| 3rd Low | 0.03209 |
0.03394 – 0.03529 – 0.03515 – 0.0323 – 0.03263 – 0.03275 —
0.033580000 – 0.033230000 —
48.29086240471 – 37.562710783389 —
– —
0.03394 – 1769544000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double top chart pattern – –