ETH/BTC – 1H – SELL

The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards

A bearish trend down to the next support level at is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.03318 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.

Besides a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.

Besides a ‘Last Engulfing Top’ chart pattern is detected. The candles show ‘Last Engulfing Top’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

0.03318 – 0.03311 – 0.03315 – 0.03263 – 0.03276 – 0.03275 —
0.033150000 – 0.033220000 —
57.193553243238 – 63.088175725272 —
– —
0.03318 – 1769277600

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Last Engulfing Top – Double bottom retreat down – –