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, multiple bottom pattern retreats (Double/Triple Bottom Retreat Down), and a cascade of momentum zero-line cross downs (BOP, MOM, ROC, ROCR). This indicates strong selling pressure on the short-term timeframe, with the price likely retreating from a failed breakout or a lower-high formation. The confluence of chart patterns, trendline breaks, and momentum shifts suggests a high-probability move lower, supported by a 77% probability and strong signal strength.

However, the broader trend context is firmly bullish across all timeframes, from 15 minutes up to the daily chart. The daily timeframe shows a solid trend (3/5), while shorter timeframes are still forming trends. This creates a conflict: the immediate bearish signal is against the prevailing bullish bias. The key levels to watch are the nearest support at 0.02969 and resistance at 0.02987. A break below support would confirm the bearish move, while a bounce could signal a false breakdown. Traders should be cautious given the higher timeframe bullishness, which could limit downside or lead to a quick reversal.