Buy ETH/BTC – 30M – BUY

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

A bullish movement up to the next resistance level at 0.030490000 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.029940000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.03081 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.030490000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.030810000
Next High 0.030490000
Current Price 0.030310000
Next Low 0.029940000
2nd Low 0.029760000
3rd Low 0.028440000

0.030490000 – 0.030810000 – 0.029370000 – 0.029940000 – 0.029760000 – 0.028440000

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