ETH/BTC – 1H – SELL

There is also a ‘Double top chart pattern’ chart pattern is found. The formation shows ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish trend down to the next support at 0.037700000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.039460000 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘On Neck’ candlestick chart pattern is discovered. The chart shows ‘On Neck’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘On Neck’ heading down is 56% (Bull Market) & 58% (Bear Market).

0.039460000 – 0.039250000 – 0.036270000 – 0.037700000 – 0.038000000 – 0.034670000 — 32.015671875457 – 30.443833665412

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – On Neck – Double top chart pattern – –