The combination Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 0.03415 is certain.
Caution: A possible change in the direction of resistance at 0.03449 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03525 |
| 2nd High | 0.03524 |
| Next High | 0.03449 |
| Current Price | 0.034300000 |
| Next Low | 0.03415 |
| 2nd Low | 0.03405 |
| 3rd Low | 0.03401 |
0.03449 – 0.03416 – 0.03417 – 0.03415 – 0.03405 – 0.03401 — 51.525918227775 – 46.52097882003 — 37.062337062337 – 15.615615615616 – 49.492041900221 – 36.121691801359
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –