ETH/BTC – 30M – SELL

The combination Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline downwards

The bearish trend down to the next support line at 0.026780000 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.02707 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.027 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.02707 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Bearish Belt Hold’ candle pattern is existing. The candles show ‘Bearish Belt Hold’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.02707 – 0.02714 – 0.02722 – 0.026780000 – 0.02681 – 0.02694 —
0.026980000 – 0.027060000 —
42.471610928585 – 60.945478963874 —
0.026780000 – 1782075600 —
0.02707 – 1782066600

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Belt Hold – – –