ETH/BTC – 1H – SELL

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

The bearish trend down to the next support line at 0.0288 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.02969 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Bearish Belt Hold’ candle pattern is existing. The candles form ‘Bearish Belt Hold’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.02969 – 0.0293 – 0.02926 – 0.0288 – 0.02877 – 0.02904 —
0.029390000 – 0.029500000 —
47.414471872868 – 52.404003426347 —
– —
0.02969 – 1773036000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Belt Hold – – –