ETH/BTC – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.

A bearish movement down to the next support at 0.025020000 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.025500000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.02493 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.025500000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.025500000 – 0.025620000 – 0.025770000 – 0.025020000 – 0.024930000 – 0.025170000

Trading Signals: FOREX – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern