ETH/BTC – 30M – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline down.

A descending movement downwards to the next support at 0.0289 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.0298 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.0288496 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 0.0298 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.0298 – 0.02988 – 0.02964 – 0.0289 – 0.02931 – 0.02855 —
0.029510000 – 0.029310000 —
52.294538212936 – 46.44435552769 —
– —
0.0298 – 1770341400

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