ETH/BTC – 1H – BUY

The combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline upwards

A continuation of the upward movement up to the next resistance level at 0.032680000 is expected.

Caution: A possible change in the direction of support at 0.031760000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.03259048 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.032680000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

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

0.032680000 – 0.033020000 – 0.032490000 – 0.031760000 – 0.031850000 – 0.031460000 — 49.634697365959 – 50.507608584439

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up –