The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.02952 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.02964 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
There is also a ‘Matching Low’ chart pattern is existing. The chart shows ‘Matching Low’. which is a bullish pattern signal. 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’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02982 |
| 2nd High | 0.02981 |
| Next High | 0.02964 |
| Current Price | 0.029530000 |
| Next Low | 0.02952 |
| 2nd Low | 0.02923 |
| 3rd Low | 0.02912 |
0.02964 – 0.02981 – 0.02982 – 0.02955 – 0.02952 – 0.02952 —
0.029630000 – 0.029560000 —
51.457475704019 – 44.404428472196 —
– —
0.02964 – 1777604400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Rising Wedge Chart Pattern – –