Then a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The combination Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline down.
The bearish trend downwards to the next support level at 0.031290000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.032050000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
Then a ‘StochRSI fall below 80’ indicator signal is found. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart scenario. The currency pair could go down.
Then a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
Then a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032690000 |
| 2nd High | 0.032410000 |
| Next High | 0.032050000 |
| Current Price | 0.031450000 |
| Next Low | 0.031290000 |
| 2nd Low | 0.030380000 |
| 3rd Low | 0.029970000 |
0.032050000 – 0.031730000 – 0.032410000 – 0.031290000 – 0.031640000 – 0.030380000 — 40.068389822016 – 36.673824335818
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –