ETH/BTC – 1H – SELL

The pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline down.

A descent down to the next support level at 0.029950000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.031610000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘RSI cross above 30’ indicator layout is discovered. The indicator shows ‘RSI cross above 30’. which is often a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.031610000 – 0.031600000 – 0.032500000 – 0.029950000 – 0.030690000 – 0.029760000 — 53.781144088002 – 49.43499673863

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – –