Additionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.02931 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.029880000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which 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 chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0306 |
| 2nd High | 0.02995 |
| Next High | 0.029880000 |
| Current Price | 0.029540000 |
| Next Low | 0.02931 |
| 2nd Low | 0.02855 |
| 3rd Low | 0.02844 |
0.029880000 – 0.02964 – 0.02995 – 0.02931 – 0.02855 – 0.02871 —
0.029880000 – 0.029750000 —
58.14503223361 – 52.096062297666 —
0.029880000 – 1770282000 —
– 1770282000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –