ETH/BTC – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

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

A continuation of the downtrend down to the next support line at 0.02877 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.03029 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Matching Low’ candlestick pattern is found. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.03029 – 0.03031 – 0.0298 – 0.02925 – 0.02877 – 0.02885 —
0.030160000 – 0.029740000 —
61.409927612358 – 41.41834189834 —
– —
0.03029 – 1770660600

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