ETH/BTC – 30M – SELL

The combination Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline downwards

A bearish descent downwards to the next support at 0.0294 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.0296 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

In addition a ‘Matching Low’ candle chart pattern is found. The chart forms ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.0296 – 0.02949 – 0.02945 – 0.0294 – 0.02929 – 0.02938 —
0.029510000 – 0.029470000 —
54.213755018753 – 52.36759980877 —
– —
0.0296 – 1777757400

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – – –