ETH/BTC – 30M – BUY

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

A continuation of the bullish trend up to the next resistance line at 0.040880000 will continue.

Caution: A possible counter-trend in the direction of the support zone at 0.039620000 could happen.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.0411271 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.040880000 could happen.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.040410000 – 0.040290000 – 0.040880000 – 0.039620000 – 0.039280000 – 0.039600000 — 63.181604857653 – 64.076007746999

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