ETH/BTC – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.02925 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.03029 could be enabled.
Consider stop-loss settings accordingly.

There is also 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 could go down.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.029645 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.03029 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Two Crows’ candle pattern is existing. The candles form ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.03029 – 0.0302 – 0.03031 – 0.02925 – 0.02933 – 0.02951 —
0.030080000 – 0.030080000 —
58.35153301124 – 59.704518159634 —
– —
0.03029 – 1770661800

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Rising Wedge Chart Pattern – –