ETH/BTC – 30M – SELLBesides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.027665 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.02859 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Matching Low’ candlestick pattern is discovered. The chart shows ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02866 |
| 2nd High | 0.02864 |
| Next High | 0.02859 |
| Current Price | 0.028150000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.02859 – 0.02822 – 0.02821 – 0.02794 – 0.02788 – 0.02674 —
0.028340000 – 0.028210000 —
47.928547270937 – 43.247713094768 —
– —
0.02859 – 1783177200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Rising Wedge Chart Pattern – –