ETH/BTC – 30M – BUY

The pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards

An ascent upwards to the next resistance at 0.039010000 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.038520000 could occur.
Consider stop-loss settings accordingly.

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

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.03912 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.039010000 could occur.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a positive 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).

0.039010000 – 0.038930000 – 0.039060000 – 0.038520000 – 0.038580000 – 0.038810000 — 51.593241959477 – 54.888173842209

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