ETH/BTC – 30M – SELL

There is also a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.02889 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.0293 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Down’ chart pattern is existing. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.0293 – 0.02981 – 0.02974 – 0.029 – 0.02906 – 0.02906 —
0.029120000 – 0.029100000 —
42.403481137932 – 44.295600269035 —
– —
0.0293 – 1784239200

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – – –