ETH/BTC – 1H – SELL

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

A bearish movement downwards to the next support level at 0.02912 will continue.

Caution: A possible change in the direction of resistance at 0.02967 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Additionally a ‘Three Outside Down’ candlestick pattern is found. The candles show ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.02967 – 0.02943 – 0.0293 – 0.02912 – 0.02888 – 0.02897 —
0.029410000 – 0.029690000 —
55.003502588174 – 65.873315987938 —
– —
0.02967 – 1773324000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – – –