ETH/BTC – 1H – SELL

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

A descending movement downwards to the next support at 0.0277 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.02812 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.02762 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.02812 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Southern Doji’ chart pattern is detected. The candles form ‘Southern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.02812 – 0.02747 – 0.02751 – 0.0277 – 0.02712 – 0.02715 —
0.027950000 – 0.027980000 —
61.800615877392 – 55.249701358341 —
– —
0.02812 – 1780347600

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Southern Doji – – –