ETH/BTC – 1H – SELL

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

A continuation of the bearish trend downwards to the next support line at 0.03209 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.03309 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.

In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

In addition a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.03309 – 0.03356 – 0.03327 – 0.03288 – 0.03281 – 0.03286 — 43.910823114839 – 39.655746574892 — 42.948746823957 – 36.873287766195 – 42.573430782968 – 41.310298729962

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –