ETH/BTC – 30M – SELLThen a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline down.
The bearish trend downwards to the next support at 0.031790000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.032500000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.032500000 |
| Current Price | 0.031930000 |
| Next Low | 0.031790000 |
| 2nd Low | 0.031540000 |
| 3rd Low | 0.029940000 |
0.032500000 – 0.032120000 – 0.032210000 – 0.031790000 – 0.031540000 – 0.029940000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – – Rising Wedge Chart Pattern