ETH/BTC – 4H – SELL

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

A bearish trend down to the next support line at 0.03393 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.03413 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Three Outside Down’ candle chart pattern is found. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.03413 – 0.0342 – 0.0341 – 0.03393 – 0.03382 – 0.03335 — 41.946460253412 – 41.152815956375 — 41.24396358627 – 45.602159345577 – 30.425458045079 – 39.406632525866

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Triple bottom chart pattern – –