Sell ETH/BTC – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

A bearish trend downwards to the next support level at 0.031760000 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.032680000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High 0.033020000
Next High 0.032680000
Current Price 0.032270000
Next Low 0.031760000
2nd Low 0.031460000
3rd Low 0.031200000

0.032680000 – 0.033020000 – 0.032490000 – 0.031760000 – 0.031850000 – 0.031460000 — 54.372383514426 – 53.026210647501

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