ETH/BTC – 4H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.03201 is likely expected.

Caution: A possible change in the direction of resistance at 0.03394 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Matching Low’ candle chart pattern is existing. The chart shows ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.03394 – 0.03529 – 0.03515 – 0.0323 – 0.03263 – 0.03275 —
0.033370000 – 0.032940000 —
45.32148476397 – 29.962261575049 —
– —
0.03394 – 1769544000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – – –