ETH/BTC – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.034445 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.034520000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.035310000 |
| 2nd High | 0.034670000 |
| Next High | 0.034520000 |
| Current Price | 0.034220000 |
| Next Low | 0.034120000 |
| 2nd Low | 0.034050000 |
| 3rd Low | 0.033580000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers