ETH/BTC – 30M – SELLIn addition a ‘Double top chart pattern’ chart layout is discovered. The chart shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to go down.
The pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline downwards
A bearish trend downwards to the next support line at is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.040440000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.
In addition a ‘Two Crows’ candle chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.041100000 |
| Next High | 0.040440000 |
| Current Price | 0.039950000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.040440000 – 0.041100000 – 0.040810000 – 0.039980000 – 0.038520000 – 0.038380000 — 34.989153484184 – 32.0808506005
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Double top chart pattern – –