ETH/BTC – 1H – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline down.
A descending movement down to the next support at is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.03394 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.
There is also a ‘Matching Low’ candlestick chart pattern is detected. The chart shows ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03462 |
| 2nd High | 0.03395 |
| Next High | 0.03394 |
| Current Price | 0.033460000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03394 – 0.03336 – 0.03326 – 0.03341 – 0.0323 – 0.03263 —
0.033840000 – 0.033540000 —
58.65138369959 – 42.259803396304 —
– —
0.03394 – 1769554800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Head and Shoulder chart pattern – –