ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards
A descending movement down to the next support at 0.037150000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.038150000 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041140000 |
| 2nd High | 0.038400000 |
| Next High | 0.038150000 |
| Current Price | 0.037420000 |
| Next Low | 0.037150000 |
| 2nd Low | 0.036500000 |
| 3rd Low | 0.035900000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows