ETH/BTC – 30M – BUY

The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.

A bullish movement up to the next resistance level at 0.0305 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.02982 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

There is also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

There is also a ‘Inverted Hammer’ candlestick chart pattern is found. The chart forms ‘Inverted Hammer’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ heading up is 65% (Bull Market).

0.0305 – 0.03019 – 0.03024 – 0.02982 – 0.03002 – 0.03005 —
0.029960000 – 0.030060000 —
38.705865175373 – 51.373043640017 —
– —
0.0305 – 1774704600

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Inverted Hammer – – –