ETH/BTC – 4H – SELL

The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.

A bearish descent down to the next support level at is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.025410000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Southern Doji’ candle chart pattern is discovered. The chart shows ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.025410000 – 0.025810000 – 0.024550000 – 0.023640000 – 0.023090000 – 0.022470000

Trading Signals: FOREX – ETH – ETH/BTC – BTC – Southern Doji