ETH/BTC – 4H – SELL

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

A descent down to the next support level at 0.029970000 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.037100000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘RSI cross above 30’ indicator layout is found. The indicator shows ‘RSI cross above 30’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘StochRSI cross above 20’ indicator layout is found. The indicator shows ‘StochRSI cross above 20’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.037100000 – 0.032410000 – 0.032690000 – 0.029970000 – 0.031760000 – 0.029950000 — 59.989491808012 – 56.804309262991

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