The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline downwards
A bearish descent down to the next support at 0.02888 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.03024 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03205 |
| 2nd High | 0.03029 |
| Next High | 0.03024 |
| Current Price | 0.029100000 |
| Next Low | 0.02888 |
| 2nd Low | 0.0288 |
| 3rd Low | 0.02877 |
0.03024 – 0.03029 – 0.03205 – 0.02929 – 0.02952 – 0.02958 —
0.029780000 – 0.029480000 —
56.688691208723 – 41.232474230938 —
– —
0.03024 – 1777435200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –