Buy ETH/BTC – 1H – BUY

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

A continuation of the bullish trend upwards to the next resistance level at 0.041630000 is certain.

Caution: A possible counter-trend in the direction of support at 0.039910000 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.04163 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.041630000 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.043270000
Next High 0.041630000
Current Price 0.041450000
Next Low 0.039910000
2nd Low 0.039280000
3rd Low 0.037670000

0.040690000 – 0.040290000 – 0.040880000 – 0.039910000 – 0.039280000 – 0.039600000 — 70.42185739748 – 72.79694962026

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