The pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at will continue.
Caution: A possible change in the direction of resistance at 0.030190000 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Also there is a ‘Matching Low’ candlestick pattern is found. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. 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 | 0.03066 |
| 2nd High | 0.03024 |
| Next High | 0.030190000 |
| Current Price | 0.030120000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.030190000 – 0.03024 – 0.0302 – 0.02998 – 0.02979 – 0.02985 —
0.030190000 – 0.030150000 —
64.614586144734 – 58.023340041992 —
0.030190000 – 1774681200 —
– 1774681200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – – –