ETH/BTC – 4H – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.0288 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.02981 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Matching Low’ candle chart pattern is detected. The candles form ‘Matching Low’. which is a bullish signal. The currency 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 | 0.03029 |
| 2nd High | 0.03024 |
| Next High | 0.02981 |
| Current Price | 0.028700000 |
| Next Low | 0.0288 |
| 2nd Low | 0.02877 |
| 3rd Low | 0.02861 |
0.02981 – 0.03024 – 0.03029 – 0.02929 – 0.02952 – 0.02958 —
0.029230000 – 0.028900000 —
30.734781497506 – 30.775997194927 —
– —
0.02981 – 1777867200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – – –