Sell ETH/BTC – 30M – SELL

The pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline down.

A bearish trend downwards to the next support line at 0.02674 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.02786 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Three Outside Down’ candle pattern is detected. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.02812
2nd High 0.02799
Next High 0.02786
Current Price 0.028090000
Next Low 0.02674
2nd Low 0.02656
3rd Low 0.02652

0.02786 – 0.02777 – 0.02703 – 0.02674 – 0.02675 – 0.02677 —
0.027830000 – 0.028210000 —
65.736780392096 – 80.615946905961 —
– —
0.02786 – 1783042200

Trading Signals:

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