ETH/BTC – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.02777344 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.02821 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bearish Harami Cross’ chart pattern is discovered. The candles form ‘Bearish Harami Cross’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0285 |
| 2nd High | 0.02837 |
| Next High | 0.02821 |
| Current Price | 0.028120000 |
| Next Low | 0.02674 |
| 2nd Low | 0.02617 |
| 3rd Low | 0.02612 |
0.02821 – 0.02777 – 0.02703 – 0.02674 – 0.02675 – 0.02677 —
0.028100000 – 0.028130000 —
70.71039257833 – 65.270553522714 —
– —
0.02821 – 1783072800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Harami Cross – Rising Wedge Chart Pattern – –