ETH/BTC – 30M – SELLThere is also a ‘Double top chart pattern’ chart pattern is discovered. The chart picture forms ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.
The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline downwards
The bearish trend down to the next support line at 0.03445 is expected.
Caution: A possible change in the direction of the resistance zone at 0.03524 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Tweezers Top’ candle pattern is found. The candles form ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0353 |
| 2nd High | 0.03525 |
| Next High | 0.03524 |
| Current Price | 0.034900000 |
| Next Low | 0.03445 |
| 2nd Low | 0.03382 |
| 3rd Low | 0.03376 |
0.03524 – 0.03525 – 0.03463 – 0.03505 – 0.03445 – 0.03382 — 54.371567859883 – 37.574761845447 — 24.078086754143 – 20.332249909715 – 15.815696194935 – 19.135802469136
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Tweezers Top – Double top chart pattern – –