ETH/BTC – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 0.02964 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.02996 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Additionally a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

0.02996 – 0.02983 – 0.02989 – 0.02964 – 0.02965 – 0.02964 —
0.029910000 – 0.029870000 —
60.290770996692 – 50.917632994366 —
– —
0.02996 – 1777062600

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing – – –