ETH/BTC – 30M – SELL

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

A continuation of the downtrend down to the next support level at 0.03401 is expected.

Caution: A possible change in the direction of the resistance line at 0.034170000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘%K crosses below %D’ indicator signal is discovered. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘Three Outside Down’. this 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.034170000 – 0.03419 – 0.03433 – 0.03401 – 0.03399 – 0.03442 — 41.090813710414 – 36.965299254428 — 16.376422685107 – 9.1053048297704 – 13.341321075183 – 13.952716733328

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – – –