ETH/BTC – 4H – SELL

The combination Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline down.

A continuation of the downtrend downwards to the next support at is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.02972 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candlestick pattern is discovered. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.02972 – 0.03018 – 0.03069 – 0.028770000 – 0.02879 – 0.02903 —
0.029140000 – 0.029290000 —
46.592856348033 – 52.082456604116 —
0.028770000 – 1772812800 —
0.02972 – 1772640000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – – –