ETH/BTC – 1H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.

A bearish movement downwards to the next support line at 0.030690000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.031600000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘RSI fall below 30’ indicator signal is found. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.031600000 – 0.032500000 – 0.032210000 – 0.030690000 – 0.029760000 – 0.024690000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern –