ETH/BTC – 30M – SELL

The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at 0.038510000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.038840000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.038840000 – 0.038770000 – 0.038730000 – 0.038510000 – 0.038420000 – 0.038720000 — 53.303923337432 – 50.13826535832

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –