ETH/BTC – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.029965 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.03029 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Outside Down’ candlestick pattern is existing. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.03029 – 0.02991 – 0.0299 – 0.0298 – 0.02977 – 0.02983 —
0.030280000 – 0.030210000 —
80.5498673171 – 63.033989588417 —
– —
0.03029 – 1777226400

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Rising Wedge Chart Pattern – –