ETH/BTC – 4H – SELLThe combination Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.02861 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.03069 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Southern Doji’ candlestick pattern is discovered. The chart shows ‘Southern Doji’. this is a bullish chart scenario. 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 | 0.03529 |
| 2nd High | 0.03394 |
| Next High | 0.03069 |
| Current Price | 0.029240000 |
| Next Low | 0.02861 |
| 2nd Low | 0.02842 |
| 3rd Low | 0.02469 |
0.03069 – 0.02977 – 0.02994 – 0.02861 – 0.02877 – 0.02842 —
0.030220000 – 0.029420000 —
66.18779068883 – 41.884161944272 —
– —
0.03069 – 1772049600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Southern Doji – Symmetrical Triangle Chart Pattern – –