There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
A descent downwards to the next support line at 0.03235 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.03272 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Matching Low’ candle pattern is existing. The chart shows ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03306 |
| 2nd High | 0.03292 |
| Next High | 0.03272 |
| Current Price | 0.032390000 |
| Next Low | 0.03235 |
| 2nd Low | 0.03225 |
| 3rd Low | 0.03213 |
0.03272 – 0.03292 – 0.0329 – 0.03235 – 0.03225 – 0.03213 — 43.149431045905 – 42.612007976642 — 28.369878183832 – 19.235615940232 – 40.110741971207 – 30.041255516438
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Symmetrical Triangle Chart Pattern – –