ETH/BTC – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.0323 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.03359 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0323 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.03359 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.03359 – 0.03394 – 0.03336 – 0.03285 – 0.0333 – 0.03341 —
0.033260000 – 0.032720000 —
47.510635811173 – 29.646656748216 —
– —
0.03359 – 1769706000

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