ETH/BTC – 1H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A continuation of the downtrend downwards to the next support level at 0.02885 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.0298 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Three Outside Down’ candlestick chart pattern is detected. The chart forms ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.0298 – 0.0306 – 0.03023 – 0.02885 – 0.02855 – 0.02871 —
0.029510000 – 0.029270000 —
51.342348395031 – 46.671767377021 —
– —
0.0298 – 1770339600

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Symmetrical Triangle Chart Pattern – –