Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline downwards
A bearish movement downwards to the next support line at 0.0333 will continue.
Caution: A possible change in the direction of the resistance zone at 0.033790000 could happen.
Consider stop-loss settings accordingly.
Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.03398 |
| Next High | 0.033790000 |
| Current Price | 0.033240000 |
| Next Low | 0.0333 |
| 2nd Low | 0.03299 |
| 3rd Low | 0.03209 |
0.033790000 – 0.03398 – 0.03361 – 0.0333 – 0.03299 – 0.03209 — 48.39568624345 – 39.517858361503 — 19.788941217513 – 19.788941217513 – 14.840156407512 – 17.934182219897
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Symmetrical Triangle Chart Pattern – –