ETH/BTC – 1H – SELLThen a ‘Triple bottom chart pattern’ chart pattern is found. The formation shows ‘Triple bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The combination Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline downwards
A bearish trend downwards to the next support at 0.038520000 is expected.
Caution: A possible change in the direction of the resistance zone at 0.041500000 could occur.
Consider stop-loss settings accordingly.
Then a ‘Tweezers Top’ candlestick chart pattern is found. The candles form ‘Tweezers Top’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.043270000 |
| 2nd High | 0.041630000 |
| Next High | 0.041500000 |
| Current Price | 0.040690000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038000000 |
| 3rd Low | 0.037670000 |
0.039140000 – 0.039270000 – 0.038820000 – 0.038520000 – 0.038000000 – 0.038410000 — 70.664479641392 – 66.224371419397
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Tweezers Top – Triple bottom chart pattern – –