ETH/BTC – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The combination Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at 0.02644 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.02683 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.02617 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 0.02683 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Southern Doji’ candlestick pattern is discovered. The chart shows ‘Southern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.02683 – 0.02696 – 0.02837 – 0.02644 – 0.02622 – 0.02617 —
0.026790000 – 0.026730000 —
55.987917302782 – 52.447224936347 —
– —
0.02683 – 1781010000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Southern Doji – Symmetrical Triangle Chart Pattern – –