ETH/BTC – 1H – SELL

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

A continuation of the downward movement down to the next support level at 0.02885 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.0298 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Additionally a ‘Bearish Engulfing’ candlestick pattern is discovered. The candles form ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

0.0298 – 0.0306 – 0.03023 – 0.02885 – 0.02855 – 0.02871 —
0.029040000 – 0.029310000 —
39.562516196749 – 49.667378143083 —
– —
0.0298 – 1770339600

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing – – –