ETH/BTC – 4H – SELL

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

A continuation of the downward movement down to the next support at 0.03068 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.03205 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.031185 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.03205 could occur.
Consider stop-loss settings accordingly.

0.03205 – 0.03158 – 0.03149 – 0.03068 – 0.03037 – 0.03038 —
0.031960000 – 0.031770000 —
55.634822713667 – 60.93278261012 —
– —
0.03205 – 1776153600

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