The combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.02877 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.02972 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Southern Doji’ candlestick chart pattern is discovered. The chart forms ‘Southern 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 probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03069 |
| 2nd High | 0.03018 |
| Next High | 0.02972 |
| Current Price | 0.028900000 |
| Next Low | 0.02877 |
| 2nd Low | 0.02861 |
| 3rd Low | 0.02842 |
0.02972 – 0.03018 – 0.03069 – 0.02877 – 0.02879 – 0.02903 —
0.029120000 – 0.029130000 —
45.273203245845 – 44.883698334562 —
– —
0.02972 – 1772640000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Southern Doji – Symmetrical Triangle Chart Pattern – –