ETH/BTC – 30M – BUY

The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance level at 0.032680000 is expected.

Caution: A possible counter-trend in the direction of the support zone at 0.031850000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Next a ‘Bullish Engulfing’ candle chart pattern is found. The chart shows ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.

0.032680000 – 0.033020000 – 0.032460000 – 0.031850000 – 0.031960000 – 0.032010000 — 43.158261503462 – 44.342584558707

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Engulfing – Symmetrical Triangle Chart Pattern –