The pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline downwards
A bearish movement downwards to the next support line at 0.03329 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.034250000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03546 |
| 2nd High | 0.03538 |
| Next High | 0.034250000 |
| Current Price | 0.032140000 |
| Next Low | 0.03329 |
| 2nd Low | 0.03322 |
| 3rd Low | 0.03194 |
0.034250000 – 0.03416 – 0.03538 – 0.03329 – 0.03352 – 0.03425 — 22.152533500368 – 18.404904722008 — 0 – 0 – 0 – 0
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –