ETH/BTC – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A continuation of the downtrend downwards to the next support line at 0.038410000 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.038820000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

And also a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.038820000 – 0.039010000 – 0.038860000 – 0.038410000 – 0.038220000 – 0.038500000 — 46.052838557176 – 44.006794714085

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Symmetrical Triangle Chart Pattern – –