ETH/BTC – 1H – BUY

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

A bullish movement upwards to the next resistance level at 0.039390000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 0.038210000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.03983702 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.039390000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

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

0.039390000 – 0.039720000 – 0.038910000 – 0.038210000 – 0.038400000 – 0.038930000 — 55.408884319528 – 57.715964793689

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