Sell ETH/BTC – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.038000000 will persist.

Caution: A possible change in the direction of resistance at 0.039270000 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.039970000
2nd High 0.039720000
Next High 0.039270000
Current Price 0.038610000
Next Low 0.038000000
2nd Low 0.037670000
3rd Low 0.037500000

0.039270000 – 0.038820000 – 0.039010000 – 0.038000000 – 0.038380000 – 0.038410000 — 49.512574373608 – 45.542384329141

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