ETH/BTC – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

The bearish trend downwards to the next support level at 0.038510000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.039720000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.039720000 – 0.039970000 – 0.039980000 – 0.038810000 – 0.039430000 – 0.038770000 — 40.465287326065 – 38.039955336436

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