ETH/BTC – 1H – SELLIn addition a ‘Double top chart pattern’ chart formation is existing. The chart forms ‘Double top 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.
A bearish trend downwards to the next support level at is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.043270000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.043270000 |
| Current Price | 0.041130000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.043270000 – 0.041710000 – 0.041800000 – 0.041170000 – 0.040500000 – 0.037670000 — 36.951264317665 – 36.203691607785
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double top chart pattern – –