ETH/BTC – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.

The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline down.

A descending movement down to the next support line at will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.039140000 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.03829972 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.039140000 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.039140000 – 0.039270000 – 0.038820000 – 0.038380000 – 0.038000000 – 0.038380000 — 46.456021008671 – 41.655911787986

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