ETH/BTC – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.03024 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

0.03024 – 0.0302 – 0.03068 – 0.02979 – 0.02973 – 0.03041 —
0.030080000 – 0.030170000 —
46.271821213277 – 56.748298564581 —
– —
0.03024 – 1774638000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –