ETH/BTC – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 0.02879 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.02972 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides 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 pair is likely to go down.

Besides a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.02972 – 0.0298 – 0.0301 – 0.02879 – 0.02925 – 0.02927 —
0.029350000 – 0.029340000 —
54.953508797477 – 49.132935211008 —
– —
0.02972 – 1772650800

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –