The pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.02875 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.02896 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.
There is also a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02981 |
| 2nd High | 0.02948 |
| Next High | 0.02896 |
| Current Price | 0.028810000 |
| Next Low | 0.02875 |
| 2nd Low | 0.02857 |
| 3rd Low | 0.02842 |
0.02896 – 0.02882 – 0.02891 – 0.02875 – 0.02857 – 0.02861 —
0.028830000 – 0.028870000 —
51.027316890984 – 59.50433762755 —
– —
0.02896 – 1778266800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –