ETH/BTC shows a beginning of a bearish pattern, backed by indicators.
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
MACD: Coming sell signal
MA 7: Bearish
Ma 14: Bearish
Stoch RSI: Bearish
Keep in mind that this is just a speculation!
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
MACD: Coming sell signal
MA 7: Bearish
Ma 14: Bearish
Stoch RSI: Bearish
Keep in mind that this is just a speculation!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.