Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline downwards
A bearish trend downwards to the next support level at 0.031760000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.032680000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.033020000 |
| Next High | 0.032680000 |
| Current Price | 0.032270000 |
| Next Low | 0.031760000 |
| 2nd Low | 0.031460000 |
| 3rd Low | 0.031200000 |
0.032680000 – 0.033020000 – 0.032490000 – 0.031760000 – 0.031850000 – 0.031460000 — 54.372383514426 – 53.026210647501
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Symmetrical Triangle Chart Pattern –