ETH/BTC – 30M – SELL

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

A continuation of the downtrend down to the next support at is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.029950000 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Bearish Belt Hold’ candle pattern is discovered. The candles form ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.029950000 – 0.0306 – 0.02958 – 0.02871 – 0.029 – 0.02942 —
0.029950000 – 0.029650000 —
59.92824922303 – 42.245475694568 —
0.029950000 – 1770190200 —
– 1770190200

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Belt Hold – – –