ETH/BTC – 30M – SELL

On the 30-minute timeframe, a sell signal has been generated for ETH/BTC, driven by a confluence of technical events. A trendline break to the upside has been negated by a Fibonacci breakdown from the 0% retracement level, while both the Stochastic and Williams Percent Range oscillators have triggered overbought exit signals. Bearish hidden divergences on the MACD and Awesome Oscillator further suggest weakening upside momentum, reinforced by a Spinning Top candlestick pattern that indicates indecision near a resistance zone.

Despite the bearish signal on the 30-minute chart, the broader trend structure remains overwhelmingly bullish across all higher timeframes, from 15 minutes through daily. The 12-hour chart shows a very strong uptrend, while daily and 8-hour trends are solid. This creates a conflict between the near-term bearish signal and the prevailing medium- to long-term bullish trend. The nearest resistance sits at 0.02930, with immediate support at 0.02869. A break below support would confirm the bearish signal, while a hold above resistance would reaffirm the dominant uptrend.