ETH/BTC – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.02923 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.02993 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘3 Stars In The South’ candlestick chart pattern is detected. The candles show ‘3 Stars In The South’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘3 Stars In The South’ heading up is 86% (Bull Market) & 100% (Bear Market).

0.02993 – 0.02967 – 0.02943 – 0.02923 – 0.02912 – 0.02888 —
0.029420000 – 0.029710000 —
47.375860501349 – 54.70469232637 —
– —
0.02993 – 1773360000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – 3 Stars In The South – – –