ETH/BTC – 4H – BUYFurthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.03032 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.03205 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish Harami’ candlestick pattern is detected. The candles form ‘Bearish Harami’. 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 success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03529 |
| 2nd High | 0.03394 |
| Next High | 0.03205 |
| Current Price | 0.030580000 |
| Next Low | 0.03037 |
| 2nd Low | 0.03032 |
| 3rd Low | 0.02982 |
0.03205 – 0.03158 – 0.03149 – 0.03068 – 0.03037 – 0.03038 —
0.030740000 – 0.030630000 —
30.701573078311 – 38.235849302482 —
– —
0.03205 – 1776153600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Harami – – –