ETH/BTC – 30M – SELL

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

A continuation of the bearish trend down to the next support level at 0.03104 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.03158 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Bearish Belt Hold’ candle chart pattern is discovered. The candles form ‘Bearish Belt Hold’. 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 success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.03158 – 0.03177 – 0.03205 – 0.03104 – 0.0311 – 0.03148 —
0.031560000 – 0.031490000 —
72.589136971675 – 61.222373242944 —
– —
0.03158 – 1776430800

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Belt Hold – – –