ETH/BTC – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.02632 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.02704 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Matching Low’ candle pattern is detected. The candles form ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02741 |
| 2nd High | 0.0274 |
| Next High | 0.02704 |
| Current Price | 0.026550000 |
| Next Low | 0.02632 |
| 2nd Low | 0.0261 |
| 3rd Low | 0.02589 |
0.02704 – 0.0274 – 0.02717 – 0.02632 – 0.02684 – 0.02678 —
0.026580000 – 0.026640000 —
29.729937592146 – 41.731014658493 —
– —
0.02704 – 1782192600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Symmetrical Triangle Chart Pattern – –