ETH/BTC – 1H – SELL

The combination Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support line at is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.02972 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘Bearish Belt Hold’ candle pattern is existing. The candles show ‘Bearish Belt Hold’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.02972 – 0.0298 – 0.0301 – 0.02879 – 0.02925 – 0.02927 —
0.029380000 – 0.029410000 —
56.990609294146 – 53.735312128199 —
– —
0.02972 – 1772650800

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Belt Hold – – –