ETH/BTC – 1H – BUY

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

A bullish ascent up to the next resistance at 0.02899 is expected.

Caution: A possible reversal of the trend in the direction of support at 0.02861 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.

Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.02917 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.02899 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Outside Up’ chart pattern is discovered. The chart forms ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.02899 – 0.02907 – 0.02912 – 0.02861 – 0.0289 – 0.02877 —
0.029000000 – 0.028920000 —
50.46019664004 – 47.623055835829 —
– —
0.02899 – 1771909200

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – – –