ETH/BTC – 4H – SELL

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.02964 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 0.03205 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.03205 – 0.03158 – 0.03149 – 0.02964 – 0.03068 – 0.03037 —
0.029900000 – 0.030290000 —
40.075908780276 – 59.0866416354 —
– —
0.03205 – 1776153600

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