ETH/BTC – 1H – SELL

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

A continuation of the bearish trend down to the next support at 0.02877 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.0293 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Two Crows’ chart pattern is found. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.0293 – 0.02926 – 0.02941 – 0.02877 – 0.02904 – 0.02879 —
0.029110000 – 0.029070000 —
42.467151198857 – 46.353530384385 —
– —
0.0293 – 1772928000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – – –