ETH/BTC – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.03593 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.037190000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Two Crows’ candle chart pattern is discovered. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.037350000 |
| 2nd High | 0.037220000 |
| Next High | 0.037190000 |
| Current Price | 0.036180000 |
| Next Low | 0.035930000 |
| 2nd Low | 0.035580000 |
| 3rd Low | 0.035400000 |