ETH/BTC – 30M – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline down.

A continuation of the downward movement down to the next support at 0.024940000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.025300000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.025 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.025300000 could be enabled.
Consider stop-loss settings accordingly.

0.025300000 – 0.025280000 – 0.025310000 – 0.024940000 – 0.024690000 – 0.024810000

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