ETH/BTC – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A continuation of the downtrend down to the next support line at 0.040860000 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.041620000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘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’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.041620000 – 0.041450000 – 0.040490000 – 0.040860000 – 0.039580000 – 0.040710000 — 52.374442863195 – 50.001419022836

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Symmetrical Triangle Chart Pattern – –