ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.
A continuation of the downtrend down to the next support at is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.032410000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
Besides a ‘Collapsing Doji Star’ chart pattern is discovered. The candles form ‘Collapsing Doji Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.033020000 |
| 2nd High | 0.032680000 |
| Next High | 0.032410000 |
| Current Price | 0.032070000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.032410000 – 0.032390000 – 0.032680000 – 0.031850000 – 0.031760000 – 0.031850000 — 50.88868286765 – 45.871894991325
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Collapsing Doji Star – –