The pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline downwards
A bearish trend downwards to the next support level at 0.03402 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.03452 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.036 |
| 2nd High | 0.0353 |
| Next High | 0.03452 |
| Current Price | 0.034000000 |
| Next Low | 0.03402 |
| 2nd Low | 0.03376 |
| 3rd Low | 0.03353 |
0.03452 – 0.03402 – 0.03405 – 0.03402 – 0.03376 – 0.03353 — 32.522537107645 – 31.179128311205 — 35.471756886566 – 7.5191713972712 – 60.917951910104 – 35.471756886566
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –