The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline down.
A bearish movement downwards to the next support line at 0.038400000 will continue.
Caution: A possible change in the direction of resistance at 0.038900000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Also there is a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039010000 |
| 2nd High | 0.038920000 |
| Next High | 0.038900000 |
| Current Price | 0.038290000 |
| Next Low | 0.038400000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.038900000 – 0.038750000 – 0.038920000 – 0.038400000 – 0.038500000 – 0.038520000 — 40.605111527471 – 35.75989568827
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –