ETH/BTC – 1H – SELL

The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards

A bearish descent down to the next support line at 0.023270000 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.024090000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.02384456 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.024090000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.024090000 – 0.023780000 – 0.023370000 – 0.023270000 – 0.023220000 – 0.023050000

Trading Signals: FOREX – ETH – ETH/BTC – BTC – Three Black Crows – Head and Shoulder chart pattern