The combination Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.02861 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.03069 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03529 |
| 2nd High | 0.03394 |
| Next High | 0.03069 |
| Current Price | 0.029240000 |
| Next Low | 0.02861 |
| 2nd Low | 0.02842 |
| 3rd Low | 0.02469 |
0.03069 – 0.02977 – 0.02994 – 0.02861 – 0.02877 – 0.02842 —
0.030450000 – 0.029490000 —
72.025190067819 – 43.656059887266 —
– —
0.03069 – 1772049600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –