ETH/BTC – 30M – BUY

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

An ascent upwards to the next resistance level at 0.03356 is likely expected.

Caution: A possible change in the direction of the support zone at 0.03281 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.033185 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.03356 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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).

0.03307 – 0.03309 – 0.03356 – 0.03281 – 0.03292 – 0.03295 — 58.504281093014 – 64.189225987522 — 74.034599002806 – 85.064292779426 – 57.99000114388 – 69.151577544965

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –