ETH/BTC – 30M – SELL

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

Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish 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 0.02871 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 0.03023 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Matching Low’ candle pattern is discovered. The candles show ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.02958 – 0.03023 – 0.03122 – 0.02871 – 0.029 – 0.02942 —
0.029050000 – 0.029960000 —
36.835431939945 – 58.144524976559 —
– —
0.02958 – 1770132000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – Symmetrical Triangle Chart Pattern – –