ETH/BTC – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.02923 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.02964 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Two Crows’ chart pattern is existing. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.02964 – 0.02981 – 0.02982 – 0.02955 – 0.02952 – 0.02952 —
0.029560000 – 0.029640000 —
44.404428621139 – 62.07968986559 —
– —
0.02964 – 1777604400

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