Sell ETH/BTC – 1H – SELL

And also a ‘Double top chart pattern’ chart formation is found. The chart picture shows ‘Double top chart pattern’. which is a negative pattern signal. The pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support line at will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.040440000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

And also a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.041500000
2nd High 0.041100000
Next High 0.040440000
Current Price 0.039880000
Next Low
2nd Low
3rd Low

0.040440000 – 0.041100000 – 0.039140000 – 0.039980000 – 0.038520000 – 0.038000000 — 39.364447628841 – 35.234300905285

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