The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline down.
A descending movement downwards to the next support at 0.03029 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.03083 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘StochOSC Bearish Divergence’ indicator signal is detected. The indicator is ‘StochOSC Bearish Divergence’. In der Regel bedeutet das ein negatives chart signal. Das Paar wird voraussichtlich nach unten gehen.
Moreover a ‘Three Outside Down’ chart pattern is detected. The candles show ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0312 |
| 2nd High | 0.03107 |
| Next High | 0.03083 |
| Current Price | 0.030860000 |
| Next Low | 0.03029 |
| 2nd Low | 0.02984 |
| 3rd Low | 0.02982 |
0.03063 – 0.0307 – 0.0301 – 0.03029 – 0.02984 – 0.02982 —
0.031000000 – 0.030960000 —
72.361085574627 – 63.44348409749 —
– —
0.03063 – 1774920600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – – –