ETH/BTC – 1H – SELL

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

A continuation of the downtrend downwards to the next support at 0.031460000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.032130000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. which could be a negative chart signal. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘Three Inside Down’ candle chart pattern is found. The candles form ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.032130000 – 0.032220000 – 0.031610000 – 0.031460000 – 0.031200000 – 0.029950000 — 63.036482131448 – 54.92370682063

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Inside Down – Double bottom retreat down –