ETH/BTC – 1H – BUY

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

An ascent up to the next resistance line at 0.02941 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.02879 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘StochRSI %K crosses above 0.2’ indicator signal is found. The indicator shows ‘StochRSI %K crosses above 0.2’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

Furthermore a ‘Bullish Engulfing’ candlestick chart pattern is detected. The candles show ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.

0.02941 – 0.02942 – 0.02972 – 0.02904 – 0.02879 – 0.02925 —
0.029360000 – 0.029000000 —
53.624082220568 – 33.242909836152 —
– —
0.02941 – 1772780400

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Engulfing – Symmetrical Triangle Chart Pattern – –