ETH/BTC – 4H – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
A descending movement down to the next support level at 0.023050000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.023950000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025810000 |
| 2nd High | 0.025740000 |
| Next High | 0.023950000 |
| Current Price | 0.023460000 |
| Next Low | 0.023050000 |
| 2nd Low | 0.021390000 |
| 3rd Low | 0.018540000 |
0.023950000 – 0.023430000 – 0.025740000 – 0.023050000 – 0.021390000 – 0.023470000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – – Rising Wedge Chart Pattern