ETH/BTC – 4H – BUY

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

A continuation of the uptrend up to the next resistance line at 0.0342 is considered certain.

Caution: A possible change in the direction of the support zone at 0.03335 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could 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 0.03467224 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.0342 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.03413 – 0.0342 – 0.0341 – 0.03335 – 0.03324 – 0.03336 — 48.467797755377 – 55.309267473802 — 11.645033171939 – 31.059057585916 – 4.3975109379072 – 14.492613526249

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