ETH/BTC – 4H – 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 0.02888 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.02981 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Bearish Engulfing’ candle pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

0.02981 – 0.03024 – 0.03029 – 0.02929 – 0.02952 – 0.02958 —
0.029480000 – 0.029150000 —
45.329984543282 – 36.566844004386 —
– —
0.02981 – 1777867200

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing – – –