ETH/BTC – 1H – BUY

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

The bullish trend up to the next resistance at 0.025300000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

There is also a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. this 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.025300000 – 0.025310000 – 0.025250000 – 0.024690000 – 0.024820000 – 0.024930000

Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up