ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.
A descent down to the next support line at 0.028130000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.028750000 |
| Next Low | 0.028130000 |
| 2nd Low | 0.026460000 |
| 3rd Low | 0.024940000 |
0.028720000 – 0.026840000 – 0.026740000 – 0.028130000 – 0.026460000 – 0.024940000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern