ETH/BTC – 30M – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The combination Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline down.
The bearish trend down to the next support line at 0.034670000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.036140000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.
In addition a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.037100000 |
| Next High | 0.036140000 |
| Current Price | 0.035910000 |
| Next Low | 0.034670000 |
| 2nd Low | 0.034340000 |
| 3rd Low | 0.033330000 |
0.036140000 – 0.035890000 – 0.037100000 – 0.034670000 – 0.035160000 – 0.035570000 — 62.853770066237 – 61.553090585929
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Rising Wedge Chart Pattern – –