ETH/BTC – 1H – SELL

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.02857 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.02882 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Outside Down’ chart pattern is detected. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.02882 – 0.02948 – 0.02981 – 0.028570000 – 0.02861 – 0.02904 —
0.028670000 – 0.028850000 —
42.837913996256 – 57.128260900095 —
0.028570000 – 1778205600 —
0.02882 – 1778155200

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – – –