ETH/BTC – 30M – SELL

Then a ‘Head and Shoulder chart pattern’ chart pattern is detected. The chart shows ‘Head and Shoulder chart pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A bearish movement downwards to the next support at 0.032010000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.032460000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Then a ‘Three Outside Down’ candlestick pattern is detected. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.032460000 – 0.032490000 – 0.032250000 – 0.032010000 – 0.031830000 – 0.031460000 — 59.081672322765 – 55.882336638397

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Head and Shoulder chart pattern –