ETH/BTC – 1H – BUY

The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance at will continue.

Caution: A possible change in the direction of the support level at 0.024690000 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.02872 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.028720000 – 0.025300000 – 0.025310000 – 0.024690000 – 0.024820000 – 0.024930000

Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern