ETH/BTC – 30M – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards
The bearish trend downwards to the next support at 0.0331 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.03538 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair could go down.
In addition a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. 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 | 0.03588 |
| 2nd High | 0.03546 |
| Next High | 0.03538 |
| Current Price | 0.034230000 |
| Next Low | 0.0331 |
| 2nd Low | 0.03301 |
| 3rd Low | 0.03201 |
0.03427 – 0.03393 – 0.03353 – 0.0331 – 0.03301 – 0.03315 — 61.357650875169 – 57.901431443054 — 53.588033151405 – 38.110639444781 – 44.906377976926 – 47.213050932477
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –