ETH/BTC – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 0.023830000 is certain.

Caution: A possible change in the direction of the resistance level at 0.024320000 is also possible.
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 certain. Current target is 0.02383 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.024320000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Download ETH/BTC Signal Image

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