ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline downwards
A descent downwards to the next support at 0.0332 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.03372 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.
And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
And also a ‘Three Inside Down’ candle pattern is detected. The candles form ‘Three Inside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03435 |
| 2nd High | 0.03388 |
| Next High | 0.03372 |
| Current Price | 0.033570000 |
| Next Low | 0.0332 |
| 2nd Low | 0.0326 |
| 3rd Low | 0.03236 |
0.03372 – 0.03388 – 0.0336 – 0.0332 – 0.0326 – 0.03236 — 58.342180844233 – 52.472300581716 — 94.022711339482 – 84.188217773577 – 78.754490671347 – 86.32267186199
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Inside Down – – –