ETH/BTC – 30M – SELL

There is also a ‘Head and Shoulder chart pattern’ chart pattern is discovered. The formation shows ‘Head and Shoulder chart pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A bearish descent down to the next support at 0.032010000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.032460000 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

There is also a ‘Three Outside Down’ candlestick pattern is detected. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.032460000 – 0.032490000 – 0.032250000 – 0.032010000 – 0.031830000 – 0.031460000 — 59.081672322765 – 55.882336638397

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Head and Shoulder chart pattern –