ETH/BTC – 30M – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline down.

A continuation of the downtrend down to the next support at 0.040860000 is certain.

Caution: A possible change in the direction of the resistance level at 0.041620000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally 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.

Additionally a ‘Three Outside Down’ chart pattern is found. The candles form ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. 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 – –