ETH/BTC – 30M – SELLIn addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.
The bearish trend downwards to the next support at 0.03129 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.03177 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.
In addition a ‘Matching Low’ candle chart pattern is found. The candles show ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03326 |
| 2nd High | 0.03205 |
| Next High | 0.03177 |
| Current Price | 0.031520000 |
| Next Low | 0.03129 |
| 2nd Low | 0.03124 |
| 3rd Low | 0.03114 |
0.03177 – 0.03205 – 0.03202 – 0.03129 – 0.03124 – 0.03114 —
0.031730000 – 0.031680000 —
67.171054483744 – 53.945707119452 —
– —
0.03177 – 1776274200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Symmetrical Triangle Chart Pattern – –