ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.023830000 is expected.
Caution: A possible change in the direction of the resistance level at 0.025490000 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. this is a bearish 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.026180000 |
| Next High | 0.025490000 |
| Current Price | 0.023570000 |
| Next Low | 0.023830000 |
| 2nd Low | 0.023750000 |
| 3rd Low | 0.023450000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows