ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.02717 will persist.
Caution: A possible change in the direction of resistance at 0.02737 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.
In addition a ‘Two Crows’ candle chart pattern is existing. The chart shows ‘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 chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02754 |
| 2nd High | 0.02741 |
| Next High | 0.02737 |
| Current Price | 0.027290000 |
| Next Low | 0.02717 |
| 2nd Low | 0.02663 |
| 3rd Low | 0.0261 |
0.02737 – 0.02741 – 0.02754 – 0.02717 – 0.02663 – 0.0261 —
0.027280000 – 0.027320000 —
52.584056427762 – 57.962074362672 —
– —
0.02737 – 1781661600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Rising Wedge Chart Pattern – –