ETH/BTC – 4H – SELL

The combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline downwards

A bearish trend down to the next support at 0.02923 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.03166 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.02947496 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.03166 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

0.03166 – 0.03002 – 0.02969 – 0.03022 – 0.02923 – 0.02888 —
0.030580000 – 0.030300000 —
52.368660850083 – 44.655728183313 —
– —
0.03166 – 1773748800

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