ETH/BTC – 30M – SELL

There is also a ‘Double top chart pattern’ chart formation is found. The formation shows ‘Double top chart pattern’. this is a bearish signal. The pair is likely to go down.

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

A descent downwards to the next support at is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.039970000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

There is also a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.039970000 – 0.039980000 – 0.039970000 – 0.039430000 – 0.038770000 – 0.038510000 — 40.8714824848 – 32.748006988271

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double top chart pattern – –