ETH/BTC – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.02877 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.02926 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Last Engulfing Top’ candle pattern is existing. The chart shows ‘Last Engulfing Top’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

0.02926 – 0.02941 – 0.02942 – 0.02877 – 0.02904 – 0.02879 —
0.029210000 – 0.029110000 —
52.482050548171 – 42.467150872189 —
– —
0.02926 – 1772881200

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Last Engulfing Top – – –