ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.03452 will continue.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 0.03452 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 0.03452 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.036 |
| 2nd High | 0.0353 |
| Next High | 0.03452 |
| Current Price | 0.034420000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03452 – 0.03402 – 0.03405 – 0.03382 – 0.03402 – 0.03376 — 66.165087690348 – 66.165087690348 — 99.293564449768 – 100 – 98.497229970959 – 99.529042966512
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom retreat down – –