ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline downwards
A bearish descent down to the next support level at 0.02944 will persist.
Caution: A possible change in the direction of the resistance level at 0.02981 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ chart pattern is discovered. 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 likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03024 |
| 2nd High | 0.02982 |
| Next High | 0.02981 |
| Current Price | 0.029630000 |
| Next Low | 0.02944 |
| 2nd Low | 0.02941 |
| 3rd Low | 0.0294 |
0.02966 – 0.0296 – 0.02949 – 0.02944 – 0.02941 – 0.0294 —
0.029580000 – 0.029770000 —
39.75631520244 – 63.516601695014 —
– —
0.02966 – 1777838400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –