ETH/BTC – 30M – SELL

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

A bearish trend down to the next support line at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.029600000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

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

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.02936704 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.029600000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Outside Down’ candlestick pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.029600000 – 0.02949 – 0.02945 – 0.0294 – 0.02929 – 0.02938 —
0.029600000 – 0.029480000 —
68.21157657195 – 54.235471644692 —
0.029600000 – 1777757400 —
– 1777757400

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Symmetrical Triangle Chart Pattern – –