ETH/BTC – 30M – BUY

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

The bullish trend up to the next resistance line at 0.038820000 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.038380000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.

In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive 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 considered certain. Current target is 0.03882356 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.038820000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.038820000 – 0.039010000 – 0.038860000 – 0.038380000 – 0.038410000 – 0.038430000 — 61.608031231009 – 62.551500014658

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