ETH/BTC – 4H – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.02994 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.
Besides a ‘Southern Doji’ candlestick chart pattern is found. The candles form ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03031 |
| 2nd High | 0.03029 |
| Next High | 0.02994 |
| Current Price | 0.029320000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.02994 – 0.03029 – 0.03031 – 0.02842 – 0.02877 – 0.02855 —
0.029090000 – 0.029770000 —
47.043355466281 – 53.65155243602 —
– —
0.02994 – 1770998400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Southern Doji – Rising Wedge Chart Pattern – –