ETH/BTC – 1H – SELL

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

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

A bearish descent down to the next support level at 0.040280000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.041630000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.041630000 – 0.043270000 – 0.041710000 – 0.040280000 – 0.040860000 – 0.039580000 — 43.534041373013 – 38.050284092742

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –