ETH/BTC – 30M – SELL

The combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 0.036790000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.037630000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.03679 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.037630000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.037630000 – 0.037660000 – 0.038660000 – 0.036790000 – 0.037720000 – 0.037460000 — 42.88468355845 – 41.554153604364

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