ETH/BTC – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.02876912 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.02909 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Bearish Harami’ chart pattern is detected. The candles form ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

0.02909 – 0.02888 – 0.02889 – 0.02875 – 0.02871 – 0.02877 —
0.028890000 – 0.028880000 —
49.443198719576 – 48.13377007904 —
– —
0.02909 – 1778443200

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