ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.037300000 is considered certain.
Caution: A possible change in the direction of support at 0.035400000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.03689 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.037300000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039540000 |
| 2nd High | 0.038320000 |
| Next High | 0.037300000 |
| Current Price | 0.037200000 |
| Next Low | 0.035400000 |
| 2nd Low | 0.035380000 |
| 3rd Low | 0.034620000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers