ETH/BTC – 1H – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
A descent downwards to the next support line at is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.038660000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.
In addition a ‘Matching Low’ candle pattern is detected. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039460000 |
| 2nd High | 0.039190000 |
| Next High | 0.038660000 |
| Current Price | 0.036890000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.038660000 – 0.039190000 – 0.039460000 – 0.037290000 – 0.037390000 – 0.037700000 — 29.603493542706 – 29.603493542706
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Rising Wedge Chart Pattern – –