ETH/BTC – 1H – SELL

The 1H ETH/BTC signal is strongly bearish (79% probability, strong strength), driven by a confluence of eight signals: a Trendline Retreat Down, BOP Zero Cross Down, STOCHF KD Cross Down, HT SINE Cross Up and Zero Cross Up, Fibonacci Retreat DownTrend (100%), a Bearish Harami candlestick, and a Resistance Level Retreat Down. These signals collectively indicate that the pair is facing selling pressure at a key resistance level, with momentum shifting downward and a bearish candlestick pattern confirming the reversal. The Fibonacci retreat at the 100% level suggests that the recent upward move has fully retraced, and the price is now retreating from resistance, which could lead to a move toward support.

Across timeframes, the broader trend is bullish, but the 1H and other intraday timeframes are choppy or sideways, with trend scores of 1/5. The 15m and higher timeframes (8H, 12H, 1D) show trend formation or a solid trend, but the immediate picture is mixed. The key resistance is at 0.02987, and the nearest support is at 0.02954. A break below support would confirm the bearish signal, while a hold above resistance would invalidate it. Traders should watch these levels closely, as the bearish signal is strong but the higher timeframe trend is bullish, creating a potential conflict.