Also there is a ‘Double bottom retreat down’ chart formation is found. The chart forms ‘Double bottom retreat down’. this is a bearish pattern signal. The pair is likely to go down.
The combination Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline downwards
A descent down to the next support line at 0.03382 will continue.
Caution: A possible change in the direction of the resistance zone at 0.0342 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
Also there is a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The pair is likely to go down.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03687 |
| 2nd High | 0.0353 |
| Next High | 0.0342 |
| Current Price | 0.034110000 |
| Next Low | 0.03382 |
| 2nd Low | 0.03335 |
| 3rd Low | 0.03324 |
0.03413 – 0.0342 – 0.0341 – 0.03382 – 0.03335 – 0.03324 — 40.742814854106 – 39.932041339132 — 12.203299141888 – 10.045656290637 – 10.768342199 – 11.319960466141
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double bottom retreat down – –