ETH/BTC – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 0.0288 is expected.

Caution: A possible change in the direction of the resistance line at 0.02969 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.

Then a ‘Tweezers Top’ chart pattern is found. The chart forms ‘Tweezers Top’. 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 ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.02969 – 0.0293 – 0.02926 – 0.0288 – 0.02877 – 0.02904 —
0.029450000 – 0.029240000 —
55.024700784123 – 40.734448448771 —
– —
0.02969 – 1773036000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Tweezers Top – – –