ETH/BTC – 30M – SELL

The 30-minute ETH/BTC chart has fired a dense cluster of bearish signals, including a Trendline Retreat Down and Trendline Break Down, a Double Bottom Retreat Down, and multiple cross-down indicators (AROON, DI, DM, AROONOSC). This confluence suggests that the recent bounce off the double bottom has failed at the trendline, and momentum has decisively turned lower on the intraday timeframe. The 94% probability and very strong strength reflect the sheer number of aligned signals, which point to a high-confidence short-term bearish move.

However, the bearish signal is confined to the lower timeframes. The 15m and 30m trends are bearish, but the 1h through 1d trends are all bullish, with the daily trend very strong. This creates a classic conflict: a short-term pullback within a larger uptrend. The immediate focus is on the nearest support at 0.02940; a break below that could open the door to deeper correction, while the nearest resistance at 0.02965 is the level to watch for any failed bounce. Traders should treat this as a tactical short opportunity, not a trend reversal, and watch for signs of the larger bullish trend reasserting itself.