ETH/BTC – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.03801694 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.037730000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. 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 probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.038400000 |
| 2nd High | 0.038150000 |
| Next High | 0.037730000 |
| Current Price | 0.037640000 |
| Next Low | 0.036610000 |
| 2nd Low | 0.036500000 |
| 3rd Low | 0.035900000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers