ETH/BTC – 30M – SELL

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

A continuation of the bearish trend down to the next support level at 0.02927 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.02967 could occur.
Consider stop-loss settings accordingly.

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

Furthermore a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.02967 – 0.02943 – 0.0293 – 0.02927 – 0.02912 – 0.02888 —
0.029830000 – 0.029690000 —
72.377145106612 – 60.945502651741 —
– —
0.02967 – 1773324000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – – –