The combination Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.02744 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.02754 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.
There is also a ‘Two Crows’ candle pattern is existing. The candles show ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02767 |
| 2nd High | 0.02765 |
| Next High | 0.02754 |
| Current Price | 0.027580000 |
| Next Low | 0.02744 |
| 2nd Low | 0.02743 |
| 3rd Low | 0.02729 |
0.02754 – 0.02765 – 0.0276 – 0.02744 – 0.02743 – 0.02729 —
0.027580000 – 0.027630000 —
64.587812846561 – 66.936507071455 —
– —
0.02754 – 1779415200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern – –