Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.040860000 is certain.
Caution: A possible change in the direction of resistance at 0.041620000 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.043270000 |
| 2nd High | 0.041860000 |
| Next High | 0.041620000 |
| Current Price | 0.041210000 |
| Next Low | 0.040860000 |
| 2nd Low | 0.039580000 |
| 3rd Low | 0.037670000 |
0.041620000 – 0.041450000 – 0.040490000 – 0.040860000 – 0.039580000 – 0.040710000 — 53.299031659893 – 47.506934898873
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Symmetrical Triangle Chart Pattern – –