ETH/BTC – 30M – SELLThen a ‘Double top chart pattern’ chart pattern is detected. The chart picture shows ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.
Then a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.033035 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.03379 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Tweezers Top’ candlestick chart pattern is detected. The candles form ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03435 |
| 2nd High | 0.03398 |
| Next High | 0.03379 |
| Current Price | 0.033240000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03379 – 0.03398 – 0.03361 – 0.0333 – 0.03299 – 0.03209 — 49.617770163879 – 36.85714019633 — 36.243437682287 – 31.090803033249 – 34.546056848215 – 35.300048249689
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Tweezers Top – Double top chart pattern – –