ETH/BTC – 1H – BUY

The pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance level at 0.032680000 is expected.

Caution: A possible trend reversal in the direction of support at 0.031760000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘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 0.5-Level.Continuation of the current ascending trend is expected. Current target is 0.03259048 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.032680000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency 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).

0.032680000 – 0.033020000 – 0.032490000 – 0.031760000 – 0.031850000 – 0.031460000 — 49.553274179656 – 54.756343696252

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – –