Sell ETH/BTC – 4H – SELL

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

A continuation of the downtrend down to the next support level at 0.02877 will persist.

Caution: A possible change in the direction of the resistance level at 0.02977 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. 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 probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.03029
2nd High 0.02994
Next High 0.02977
Current Price 0.028750000
Next Low 0.02877
2nd Low 0.02842
3rd Low 0.02469

0.02977 – 0.02994 – 0.03029 – 0.02877 – 0.02842 – 0.02877 —
0.029060000 – 0.028970000 —
48.621308898991 – 43.138931955681 —
– —
0.02977 – 1771401600

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