ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.02904 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.0294 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Besides a ‘Two Crows’ candlestick pattern is existing. The candles form ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02972 |
| 2nd High | 0.02942 |
| Next High | 0.0294 |
| Current Price | 0.029260000 |
| Next Low | 0.02904 |
| 2nd Low | 0.02879 |
| 3rd Low | 0.02872 |
0.0294 – 0.02942 – 0.02938 – 0.02904 – 0.02907 – 0.02879 —
0.029270000 – 0.029330000 —
50.438787642828 – 56.312601674282 —
– —
0.0294 – 1772742600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – – –