ETH/BTC – 30M – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline down.
A descent down to the next support line at 0.028970000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.0295 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
In addition a ‘Last Engulfing Top’ candle pattern is found. The candles show ‘Last Engulfing Top’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03031 |
| 2nd High | 0.03029 |
| Next High | 0.0295 |
| Current Price | 0.029080000 |
| Next Low | 0.028970000 |
| 2nd Low | 0.02896 |
| 3rd Low |
0.0295 – 0.02942 – 0.03029 – 0.028970000 – 0.02904 – 0.02896 —
0.029120000 – 0.029160000 —
38.612316913029 – 43.21241486226 —
0.028970000 – 1770796800 —
0.0295 – 1770778800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Last Engulfing Top – Rising Wedge Chart Pattern – –