ETH/BTC – 1H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.

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

A descent downwards to the next support line at 0.02802 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.02844 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

Besides a ‘Three Inside Down’ chart pattern is discovered. The candles show ‘Three Inside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.02844 – 0.02859 – 0.02822 – 0.02802 – 0.02801 – 0.02674 —
0.028140000 – 0.028310000 —
43.757635966158 – 59.892243061343 —
– —
0.02844 – 1783270800

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Inside Down – Symmetrical Triangle Chart Pattern – –