In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
A descending movement downwards to the next support at 0.031760000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.032680000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
In addition a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The pair is likely to go down.
In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
In addition a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.033020000 |
| Next High | 0.032680000 |
| Current Price | 0.032050000 |
| Next Low | 0.031760000 |
| 2nd Low | 0.031460000 |
| 3rd Low | 0.031200000 |
0.032680000 – 0.033020000 – 0.032460000 – 0.031760000 – 0.031850000 – 0.031960000 — 42.916067586287 – 38.375619106146
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern –