There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
A descent down to the next support at 0.02871 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.02995 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
There is also a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. this 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 ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03122 |
| 2nd High | 0.0306 |
| Next High | 0.02995 |
| Current Price | 0.029210000 |
| Next Low | 0.02871 |
| 2nd Low | 0.02844 |
| 3rd Low | 0.02813 |
0.02995 – 0.0306 – 0.02958 – 0.02871 – 0.029 – 0.02942 —
0.029710000 – 0.029470000 —
47.73772811424 – 38.752709051598 —
– —
0.02995 – 1770190200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –