ETH/BTC – 30M – SELL

The 30-minute ETH/BTC chart has fired a dense cluster of bearish signals, led by a Rising Wedge breakdown and a Zero Cross Down in the Balance of Power indicator, confirming that sellers are in control of the current intraday move. The retreat of multiple moving averages—EMA, KAMA, MA, and SMA—along with the STOCHF KD Cross Down and a higher-timeframe trendline retreat, all point to a synchronized loss of upside momentum. With 90% probability and very strong strength, this is a high-conviction short-term sell setup, though the broader daily and 12-hour trends remain bullish, so this is best treated as a counter-trend pullback within a larger uptrend.

Across timeframes, the picture is mixed but the immediate bias is clearly bearish: 15m, 30m, and 1h all show bearish trends, while 2h and 4h are choppy/sideways, and the 8h, 12h, and 1d remain bullish. This suggests the selloff is a correction within a longer-term advance, not a reversal. The nearest support at 0.03110 is the first key level to watch—a break below would open the door to deeper losses, while a bounce from this level could invalidate the short-term bearish setup. Resistance at 0.03152 is the immediate ceiling; a reclaim of this level would signal that the wedge breakdown failed and bullish momentum is reasserting itself.