ETH/BTC – 30M – SELLAdditionally a ‘Rising Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The combination Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
A descent downwards to the next support line at will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.039300000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.
Additionally a ‘Matching Low’ candle chart pattern is detected. The candles show ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.039300000 |
| Current Price | 0.038340000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.039300000 – 0.039250000 – 0.036270000 – 0.038000000 – 0.038120000 – 0.035400000 — 40.294904098893 – 38.446508567644
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Rising Wedge Chart Pattern – –