ETH/BTC – 4H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish trend down to the next support line at 0.031760000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.033020000 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘RSI cross above 30’ indicator layout is found. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart signal. The currency pair could go up.

In addition a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ chart pattern is existing. The candles form ‘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 probability of ‘Three Black Crows’ heading down is 82%.

0.033020000 – 0.032220000 – 0.032500000 – 0.031760000 – 0.029950000 – 0.024690000 — 55.155544766967 – 45.716186513462

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