ETH/BTC – 4H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.02721 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.02859 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Outside Down’ candlestick chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.02859 – 0.027 – 0.0274 – 0.02583 – 0.02676 – 0.02589 —
0.028220000 – 0.028000000 —
53.880555433601 – 51.593031961904 —
– —
0.02859 – 1783166400

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – – –