Also there is a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.
The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline down.
A bearish movement downwards to the next support level at will persist.
Caution: A possible change in the direction of the resistance level at 0.025740000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Matching Low’ candle chart pattern is discovered. The chart shows ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.026180000 |
2nd High | 0.025810000 |
Next High | 0.025740000 |
Current Price | 0.023990000 |
Next Low | |
2nd Low | |
3rd Low |
0.025740000 – 0.025410000 – 0.025810000 – 0.023470000 – 0.023580000 – 0.023640000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Matching Low