The pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support at is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.035890000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.
Moreover a ‘RSI fall below 70’ indicator signal is discovered. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart signal. The currency pair could go down.
Moreover a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair could go down.
Moreover a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.037100000 |
| Next High | 0.035890000 |
| Current Price | 0.035250000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.035890000 – 0.037100000 – 0.036110000 – 0.035160000 – 0.035570000 – 0.034340000 — 39.842596554931 – 37.198745280214
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –