Sell ETH/BTC – 30M – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline down.

A continuation of the downtrend down to the next support line at 0.038580000 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.038930000 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.039720000
2nd High 0.039060000
Next High 0.038930000
Current Price 0.038780000
Next Low 0.038580000
2nd Low 0.038510000
3rd Low 0.037670000

0.038930000 – 0.039060000 – 0.039720000 – 0.038580000 – 0.038810000 – 0.039430000 — 45.807212839198 – 42.857799321448

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