ETH/BTC – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.03521 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.035980000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041140000 |
| 2nd High | 0.038250000 |
| Next High | 0.035980000 |
| Current Price | 0.034920000 |
| Next Low | 0.034650000 |
| 2nd Low | |
| 3rd Low |