The pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline downwards
A bearish movement down to the next support line at 0.034070000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.035010000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. 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 | 0.035940000 |
2nd High | 0.035920000 |
Next High | 0.035010000 |
Current Price | 0.034240000 |
Next Low | 0.034070000 |
2nd Low | 0.033370000 |
3rd Low | 0.032920000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows