ETH/BTC – 1H – SELL

The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.029120000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

In addition a ‘MACD Hidden Bearish Divergence’ indicator signal is found. The indicator shows ‘MACD Hidden Bearish Divergence’. which is often a bearish chart scenario. The currency pair could go down.

In addition a ‘MACD-Hist Hidden Bearish Divergence’ indicator signal is found. The indicator shows ‘MACD-Hist Hidden Bearish Divergence’. which could be a negative chart scenario. The currency pair could go down.

In addition a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.029120000 – 0.02917 – 0.02957 – 0.02877 – 0.02888 – 0.0292 —
0.029120000 – 0.029100000 —
55.60053361914 – 55.082622737339 —
0.029120000 – 1771671600 —
– 1771671600

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double top chart pattern – –