ETH/BTC – 1H – SELLBesides a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 0.037290000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.039190000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.039460000 |
| Next High | 0.039190000 |
| Current Price | 0.038440000 |
| Next Low | 0.037290000 |
| 2nd Low | 0.034670000 |
| 3rd Low | 0.031430000 |
0.039190000 – 0.039460000 – 0.039250000 – 0.037290000 – 0.037390000 – 0.037700000 — 66.781701856765 – 65.274170252857
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Symmetrical Triangle Chart Pattern – –