ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
The bearish trend down to the next support line at 0.037460000 will continue.
Caution: A possible change in the direction of the resistance level at 0.038200000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040030000 |
| 2nd High | 0.039540000 |
| Next High | 0.038200000 |
| Current Price | 0.037640000 |
| Next Low | 0.037460000 |
| 2nd Low | 0.037000000 |
| 3rd Low | 0.036990000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows