ETH/BTC – 1H – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline downwards
The bearish trend downwards to the next support at 0.03194 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.03538 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03591 |
| 2nd High | 0.03546 |
| Next High | 0.03538 |
| Current Price | 0.032140000 |
| Next Low | 0.03194 |
| 2nd Low | 0.03143 |
| 3rd Low | 0.03129 |
0.03538 – 0.03534 – 0.03538 – 0.03329 – 0.03483 – 0.03504 — 24.554346102468 – 20.517557751396 — 24.806760382875 – 9.8949363877875 – 53.278064800352 – 30.165405102327
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –