ETH/BTC – 30M – BUY

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

A continuation of the upward movement up to the next resistance at 0.031610000 is expected.

Caution: A possible trend reversal in the direction of the support level at 0.031000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘RSI cross above 70’ indicator layout is found. The indicator shows ‘RSI cross above 70’. which is often a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.03161 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.031610000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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).

0.031610000 – 0.030840000 – 0.031600000 – 0.031000000 – 0.029950000 – 0.030040000 — 66.624499012245 – 70.638460421832

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple top chart pattern –