ETH/BTC – 30M – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.

The pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support at 0.02702 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.02721 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.02681408 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.02721 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Matching Low’ candlestick pattern is detected. The chart shows ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.02721 – 0.02734 – 0.02737 – 0.02702 – 0.02687 – 0.02717 —
0.027270000 – 0.027290000 —
62.316691668721 – 52.48845634216 —
– —
0.02721 – 1781742600

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Symmetrical Triangle Chart Pattern – –