ETH/BTC – 30M – SELL

The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 0.02955 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.02964 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Last Engulfing Bottom:’ candle chart pattern is existing. The candles show ‘Last Engulfing Bottom:’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

0.02964 – 0.02981 – 0.02982 – 0.02955 – 0.02952 – 0.02952 —
0.029620000 – 0.029580000 —
51.22960071184 – 36.595180512248 —
– —
0.02964 – 1777604400

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Last Engulfing Bottom: – – –