ETH/BTC – 1H – SELL

The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support at 0.041170000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.043270000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

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

There is also a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.043270000 – 0.041710000 – 0.041800000 – 0.041170000 – 0.040500000 – 0.037670000 — 47.234653344918 – 46.269665905651

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Triple top chart pattern – –