ETH/BTC – 4H – SELL

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

A continuation of the downtrend down to the next support level at 0.0309 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.03394 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish signal. The currency 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%.

0.03394 – 0.03529 – 0.03515 – 0.0323 – 0.03263 – 0.03275 —
0.033290000 – 0.032090000 —
40.82343621836 – 20.4778371326 —
– —
0.03394 – 1769544000

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