ETH/BTC – 4H – SELL

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

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

Caution: A possible change in the direction of the resistance level at 0.02972 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

In addition a ‘Three Inside Down’ chart pattern is detected. The chart forms ‘Three Inside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.02972 – 0.03018 – 0.03069 – 0.02879 – 0.02903 – 0.02861 —
0.029590000 – 0.029400000 —
48.781766301814 – 50.911264548757 —
– —
0.02972 – 1772640000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Inside Down – Symmetrical Triangle Chart Pattern – –