ETH/BTC – 30M – BUY

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

A bullish ascent up to the next resistance line at 0.037630000 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.036560000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0370556 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.037630000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.037630000 – 0.037660000 – 0.038660000 – 0.036560000 – 0.036790000 – 0.037720000 — 43.179213431643 – 46.574057774609

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –