ETH/BTC – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

A bearish movement downwards to the next support line at 0.037490000 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.038020000 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.037155 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.038020000 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Two Crows’ candle pattern is existing. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.038020000 – 0.038240000 – 0.037200000 – 0.037490000 – 0.037550000 – 0.036550000 — 48.171072404113 – 42.567593300452

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern – –