ETH/BTC – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

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

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.039300000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

There is also a ‘Matching Low’ candle chart pattern is detected. The candles show ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.039300000 – 0.039250000 – 0.036270000 – 0.038000000 – 0.038120000 – 0.035400000 — 40.294904098893 – 38.446508567644

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Rising Wedge Chart Pattern – –