ETH/BTC – 1H – SELL

The combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at 0.038500000 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.038900000 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.0385 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.038900000 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.038900000 – 0.039010000 – 0.039720000 – 0.038500000 – 0.038520000 – 0.038580000 — 58.548369811159 – 47.377302366138

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom retreat down – –