Sell ETH/BTC – 1H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards

The bearish trend downwards to the next support line at 0.02891 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.02977 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Tweezers Top’ chart pattern is detected. The chart shows ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.03029
2nd High 0.02994
Next High 0.02977
Current Price 0.029320000
Next Low 0.02891
2nd Low 0.02842
3rd Low 0.02469

0.02977 – 0.02922 – 0.02994 – 0.02891 – 0.02842 – 0.02913 —
0.029610000 – 0.029470000 —
54.109484606124 – 50.548873843677 —
– —
0.02977 – 1771401600

Trading Signals:

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