ETH/BTC – 1H – SELL

The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline down.

A continuation of the downtrend down to the next support at 0.02855 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.0306 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘Two Crows’ candlestick pattern is existing. The candles form ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.0306 – 0.03023 – 0.03359 – 0.02855 – 0.02871 – 0.02875 —
0.029860000 – 0.029810000 —
56.201612595845 – 52.920147245139 —
– —
0.0306 – 1770148800

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – – –