ETH/BTC – 1H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

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

A continuation of the bearish trend down to the next support level at 0.031460000 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.033020000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. 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%.

0.033020000 – 0.032490000 – 0.032130000 – 0.031460000 – 0.031200000 – 0.029950000 — 50.281801550949 – 37.872489094969

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern –