ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline downwards
A descent down to the next support line at 0.02867 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.02888 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
Furthermore a ‘Bearish Engulfing’ candle pattern is existing. The candles show ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02948 |
| 2nd High | 0.02896 |
| Next High | 0.02888 |
| Current Price | 0.028850000 |
| Next Low | 0.02867 |
| 2nd Low | 0.02857 |
| 3rd Low | 0.02842 |
0.02888 – 0.02887 – 0.02896 – 0.02867 – 0.02875 – 0.02857 —
0.028860000 – 0.028880000 —
58.218071464519 – 61.111853273335 —
– —
0.02888 – 1778346000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing – – –