ETH/BTC – 30M – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. 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) jumps from the bullish trendline down.

The bearish trend down to the next support line at 0.02927 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.0301 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Bearish Engulfing’ candlestick pattern is existing. The chart forms ‘Bearish Engulfing’. which 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 ‘Bearish Engulfing’ going down is 79%.

0.0301 – 0.03018 – 0.02946 – 0.02927 – 0.02975 – 0.02907 —
0.029450000 – 0.029450000 —
42.716514801055 – 41.299961545588 —
– —
0.0301 – 1772373600

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –