ETH/BTC – 4H – SELL

Besides a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.02861 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.02972 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency 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%.

0.02972 – 0.03018 – 0.03069 – 0.02877 – 0.02879 – 0.02903 —
0.029130000 – 0.029300000 —
44.31113186735 – 45.468308650041 —
– —
0.02972 – 1772640000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –