ETH/BTC – 30M – SELL

The 30-minute ETH/BTC chart has fired a SELL signal with a 62% probability and weak strength, driven by a confluence of bearish signals. A Trendline Break Up followed by a Trendline Retreat Down suggests a failed upside breakout, while a Falling Wedge pattern implies a potential downside continuation. The AROON indicators show a cross up and strong uptrend, but the subsequent AROONOSC Zero Cross Up and BOP Zero Cross Down indicate a shift in momentum to the downside. The CMO Zero Cross Down adds to the bearish momentum picture.

Across timeframes, the trend is bearish from the 30-minute up to the 12-hour, with solid trends on the 30-minute and 1-hour (3/5 strength), and forming trends on higher timeframes. However, the 15-minute is bullish and choppy, and the daily is bullish, which introduces a conflicting higher-timeframe bias. Key levels to watch are resistance at 0.02937 and support at 0.02905. A break below support would confirm the bearish signal, while a move above resistance would invalidate it.