ETH/BTC – 1H – SELL

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

A continuation of the downtrend down to the next support at 0.02857 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.02896 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

0.02896 – 0.02882 – 0.02948 – 0.02857 – 0.02861 – 0.02904 —
0.028830000 – 0.028830000 —
49.713833093623 – 50.828411563875 —
– —
0.02896 – 1778266800

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