ETH/BTC – 1H – SELLAlso there is a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
A descending movement downwards to the next support level at 0.022500000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.023320000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.024210000 |
| 2nd High | 0.023430000 |
| Next High | 0.023320000 |
| Current Price | 0.022810000 |
| Next Low | 0.022500000 |
| 2nd Low | 0.022360000 |
| 3rd Low | 0.022250000 |
0.023320000 – 0.022830000 – 0.023430000 – 0.022500000 – 0.022360000 – 0.022250000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – – Rising Wedge Chart Pattern