ETH/BTC – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.02904 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.02925 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

In addition a ‘Bearish Belt Hold’ candle chart pattern is discovered. The candles show ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.02925 – 0.02955 – 0.02969 – 0.02904 – 0.02919 – 0.02935 —
0.029090000 – 0.029210000 —
43.550482589099 – 52.121896006116 —
– —
0.02925 – 1773126000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Belt Hold – – –