ETH/BTC – 1H – SELL

The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 0.02896 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.0295 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Bearish Engulfing’ candle chart pattern is detected. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

0.0295 – 0.03029 – 0.03031 – 0.02896 – 0.02925 – 0.02877 —
0.029320000 – 0.029150000 —
42.633530769039 – 38.750845064698 —
– —
0.0295 – 1770778800

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –