ETH/BTC – 4H – SELLThe combination Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 0.03413 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.03515 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.
In addition a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03687 |
| 2nd High | 0.0353 |
| Next High | 0.03515 |
| Current Price | 0.034420000 |
| Next Low | 0.03413 |
| 2nd Low | 0.03384 |
| 3rd Low | 0.03382 |
0.03515 – 0.03449 – 0.03413 – 0.03413 – 0.03384 – 0.03393 —
0.034940000 – 0.034730000 —
61.80092747751 – 46.603103286076 —
– —
0.03515 – 1768363200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top chart pattern – –