ETH/BTC – 1H – SELL

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

A continuation of the bearish trend down to the next support at is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.038840000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candle chart pattern is found. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.038840000 – 0.039040000 – 0.039390000 – 0.038510000 – 0.038420000 – 0.038210000 — 44.482238427236 – 43.750102422486

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Double top chart pattern – –