Buy ETH/BTC – 1H – BUY

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

A bullish trend up to the next resistance at 0.039270000 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.038000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Furthermore a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.039980000
2nd High 0.039720000
Next High 0.039270000
Current Price 0.038860000
Next Low 0.038000000
2nd Low 0.037670000
3rd Low 0.037490000

0.039270000 – 0.038820000 – 0.039010000 – 0.038000000 – 0.038410000 – 0.038220000 — 61.721653432114 – 62.7396475322

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