ETH/BTC – 30M – BUY

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

A continuation of the uptrend up to the next resistance line at 0.039720000 is considered certain.

Caution: A possible change in the direction of the support zone at 0.038520000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.03947 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.039720000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.039470000 – 0.039140000 – 0.039270000 – 0.038520000 – 0.038380000 – 0.038000000 — 66.53704442344 – 66.88206774828

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