The combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline downwards
The bearish trend downwards to the next support at 0.02941 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.02965 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Three Outside Down’ candle pattern is found. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02982 |
| 2nd High | 0.02981 |
| Next High | 0.02965 |
| Current Price | 0.029530000 |
| Next Low | 0.02941 |
| 2nd Low | 0.0294 |
| 3rd Low | 0.02929 |
0.0296 – 0.02949 – 0.02945 – 0.02941 – 0.0294 – 0.02929 —
0.029620000 – 0.029650000 —
66.200609367038 – 68.675096981326 —
– —
0.0296 – 1777757400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – – –