ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.031000000 will persist.
Caution: A possible change in the direction of the resistance line at 0.031740000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair is likely to fall.
Additionally a ‘Collapsing Doji Star’ candlestick chart pattern is found. The chart forms ‘Collapsing Doji Star’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.033020000 |
| 2nd High | 0.032690000 |
| Next High | 0.031740000 |
| Current Price | 0.031050000 |
| Next Low | 0.031000000 |
| 2nd Low | 0.029950000 |
| 3rd Low | 0.029940000 |
0.031740000 – 0.032690000 – 0.032410000 – 0.031410000 – 0.031760000 – 0.031850000 — 31.308089586483 – 29.728292541761
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Collapsing Doji Star – –