ETH/BTC – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.

A bearish descent down to the next support level at 0.034670000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.036140000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Next a ‘Three Outside Down’ candle pattern is existing. The chart forms ‘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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.036140000 – 0.035890000 – 0.037100000 – 0.034670000 – 0.035160000 – 0.035570000 — 54.749886619039 – 52.255290099168

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Rising Wedge Chart Pattern – –