ETH/BTC – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.038970000 will persist.

Caution: A possible change in the direction of the resistance zone at 0.039390000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

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

Then a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.039390000 – 0.039720000 – 0.038910000 – 0.038970000 – 0.038950000 – 0.038210000 — 52.529305242591 – 49.520699514715

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –