ETH/BTC – 30M – SELL

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

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

A continuation of the downward movement downwards to the next support line at 0.038520000 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.038920000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.038920000 – 0.039010000 – 0.038930000 – 0.038520000 – 0.038580000 – 0.038810000 — 32.775615469595 – 29.060188245835

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –