Sell ETH/BTC – 30M – SELL

The pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards

A bearish movement downwards to the next support at 0.031460000 is certain.

Caution: A possible change in the direction of the resistance line at 0.032500000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘RSI fall below 70’ indicator layout is existing. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.032500000
Current Price 0.032310000
Next Low 0.031460000
2nd Low 0.031200000
3rd Low 0.031000000

0.032250000 – 0.032080000 – 0.032130000 – 0.031460000 – 0.031200000 – 0.031000000 — 70.588693504325 – 63.908541019992

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