ETH/BTC – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

The combination Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.

A bearish descent downwards to the next support at 0.025010000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.025310000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.02498048 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.025310000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

0.025310000 – 0.025150000 – 0.025250000 – 0.025010000 – 0.024820000 – 0.025020000

Trading Signals: FOREX – ETH – ETH/BTC – BTC – – Rising Wedge Chart Pattern