Sell ETH/BTC – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline down.

A descent downwards to the next support at 0.02676 will continue.

Caution: A possible change in the direction of resistance at 0.0273 could happen.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Down’ candle chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.02837
2nd High 0.02754
Next High 0.0273
Current Price 0.026970000
Next Low 0.02676
2nd Low 0.02663
3rd Low 0.02589

0.0273 – 0.02721 – 0.02754 – 0.02676 – 0.02687 – 0.02663 —
0.027010000 – 0.027030000 —
39.958051752835 – 48.330464711009 —
– —
0.0273 – 1781784000

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