ETH/BTC – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline down.

A continuation of the downtrend down to the next support line at 0.024820000 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.025310000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

And also a ‘Three Outside Down’ candlestick chart pattern is found. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.025310000 – 0.025150000 – 0.025250000 – 0.025010000 – 0.024820000 – 0.025020000

Trading Signals: FOREX – ETH – ETH/BTC – BTC – Three Outside Down – Rising Wedge Chart Pattern