ETH/BTC – 30M – SELLAnd also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.024940000 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.025300000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025500000 |
| 2nd High | 0.025310000 |
| Next High | 0.025300000 |
| Current Price | 0.025110000 |
| Next Low | 0.024940000 |
| 2nd Low | 0.024690000 |
| 3rd Low | 0.024590000 |
0.025300000 – 0.025280000 – 0.025310000 – 0.024940000 – 0.024690000 – 0.024810000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern