Sell ETH/BTC – 1H – SELL

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

A continuation of the downward movement downwards to the next support at is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.0306 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘Southern Doji’ candle pattern is found. The chart forms ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.03394
2nd High 0.03359
Next High 0.0306
Current Price 0.029270000
Next Low
2nd Low
3rd Low

0.0306 – 0.03023 – 0.03359 – 0.02855 – 0.02871 – 0.02875 —
0.029790000 – 0.029620000 —
49.304699842711 – 45.795019532106 —
– —
0.0306 – 1770148800

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