ETH/BTC – 30M – SELL

The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline down.

A bearish descent downwards to the next support at 0.02923 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.03002 could happen.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘Matching Low’ candle chart pattern is existing. The chart forms ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.02955 – 0.02953 – 0.02941 – 0.02923 – 0.02935 – 0.02927 —
0.029550000 – 0.030150000 —
66.779332946719 – 80.575428774819 —
– —
0.02955 – 1773572400

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – – –