ETH/BTC – 1H – SELL

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

A continuation of the downward movement down to the next support level at 0.031200000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.032130000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘RSI cross above 70’ indicator signal is existing. The indicator is ‘RSI cross above 70’. this is usually a bearish chart signal. The currency pair is likely to fall.

0.032130000 – 0.032220000 – 0.031610000 – 0.031200000 – 0.029950000 – 0.030690000 — 54.967258531289 – 52.307774742761

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double bottom retreat down –