Sell ETH/BTC – 4H – SELL

The combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.

A continuation of the downward movement down to the next support level at is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.041500000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.043270000
2nd High 0.041630000
Next High 0.041500000
Current Price 0.038220000
Next Low
2nd Low
3rd Low

0.041500000 – 0.041630000 – 0.043270000 – 0.038220000 – 0.038510000 – 0.039280000 — 48.490789896598 – 38.33246319586

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