ETH/BTC – 30M – BUY

The combination Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance level at 0.026180000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.024940000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.02557 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.026180000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ chart 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.025570000 – 0.025300000 – 0.025280000 – 0.024940000 – 0.024690000 – 0.024810000

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