ETH/BTC – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline downwards

A bearish movement down to the next support at 0.025020000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.025500000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.02493 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.025500000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.025500000 – 0.025620000 – 0.025770000 – 0.025020000 – 0.024930000 – 0.025170000

Trading Signals: FOREX – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern