ETH/BTC – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 0.0395 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.039360000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040040000 |
| 2nd High | 0.039500000 |
| Next High | 0.039360000 |
| Current Price | 0.039290000 |
| Next Low | 0.037580000 |
| 2nd Low | 0.036990000 |
| 3rd Low | 0.036610000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers