The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.038000000 will persist.
Caution: A possible change in the direction of resistance at 0.039270000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039970000 |
| 2nd High | 0.039720000 |
| Next High | 0.039270000 |
| Current Price | 0.038610000 |
| Next Low | 0.038000000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.039270000 – 0.038820000 – 0.039010000 – 0.038000000 – 0.038380000 – 0.038410000 — 49.512574373608 – 45.542384329141
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –