ETH/BTC – 4H – SELL

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

A bearish movement downwards to the next support level at 0.0323 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.03529 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.03293986 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.03529 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

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

0.03529 – 0.03515 – 0.03449 – 0.0323 – 0.03263 – 0.03275 —
0.033270000 – 0.033940000 —
53.725437410803 – 70.197815359541 —
– —
0.03529 – 1768752000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – – –