ETH/BTC – 30M – SELL

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

A continuation of the downward movement down to the next support line at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.032220000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.032220000 – 0.031610000 – 0.030840000 – 0.031000000 – 0.029950000 – 0.030040000 — 35.909213440613 – 34.396323391188

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