ETH/BTC – 4H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

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

A continuation of the downtrend down to the next support line at 0.038420000 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.039720000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.038 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.039720000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘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’ going down is 82%.

0.039720000 – 0.041100000 – 0.041500000 – 0.038420000 – 0.038210000 – 0.038000000 — 26.895749668085 – 23.99758682969

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