ETH/BTC – 1H – SELL

The pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support at 0.031460000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.033020000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. 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).

0.033020000 – 0.032490000 – 0.032130000 – 0.031460000 – 0.031200000 – 0.029950000 — 51.881920145013 – 47.733782582068

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – –