ETH/BTC – 30M – SELL

The pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 0.037000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.038200000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.03746 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.038200000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Download ETH/BTC Signal Image

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows