ETH/BTC – 1H – SELL

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

A bearish movement down to the next support level at 0.02674 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.02777 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The currency pair is likely to fall.

Then a ‘Bearish Engulfing’ candle chart pattern is detected. The candles form ‘Bearish Engulfing’. 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 chance of ‘Bearish Engulfing’ going down is 79%.

0.02777 – 0.02703 – 0.027 – 0.02674 – 0.02675 – 0.02677 —
0.027850000 – 0.028140000 —
71.429808495926 – 61.218114636589 —
– —
0.02777 – 1783000800

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing – Rising Wedge Chart Pattern – –