ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards
A continuation of the downtrend down to the next support line at 0.038400000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.038900000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. 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 | 0.038420000 |
| Next Low | 0.038400000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.038900000 – 0.038750000 – 0.038920000 – 0.038400000 – 0.038500000 – 0.038520000 — 46.430155031321 – 39.562502276407
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –