ETH/BTC – 1H – SELL

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.02875 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 0.03023 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.03023 – 0.03359 – 0.03394 – 0.02875 – 0.02966 – 0.03187 —
0.029550000 – 0.030370000 —
43.460459139912 – 58.536403499391 —
– —
0.03023 – 1770044400

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –