ETH/BTC – 1H – SELL

The combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 0.02877 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.03031 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Inside Down’ chart pattern is existing. The chart forms ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.03031 – 0.0298 – 0.0306 – 0.02877 – 0.02885 – 0.02855 —
0.030140000 – 0.030080000 —
62.923399028691 – 57.29887829432 —
– —
0.03031 – 1770494400

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Inside Down – – –