ETH/BTC – 30M – BUY

The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.

A bullish ascent upwards to the next resistance at 0.032410000 is certain.

Caution: A possible trend reversal in the direction of support at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.03239 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.032410000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The 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).

0.032410000 – 0.032390000 – 0.032680000 – 0.031760000 – 0.031850000 – 0.031760000 — 54.43742504232 – 59.06230445449

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