ETH/BTC – 1H – SELL

And also a ‘Double top chart pattern’ chart formation is found. The chart picture forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A continuation of the downtrend down to the next support line at will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.040440000 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.040440000 – 0.041100000 – 0.039140000 – 0.039980000 – 0.038520000 – 0.038000000 — 39.364447628841 – 35.234300905285

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double top chart pattern – –