ETH/BTC – 4H – BUY

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

An ascent up to the next resistance level at 0.03126 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 0.03032 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.

Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to 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 0.03120452 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.03126 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

0.03126 – 0.0305 – 0.03083 – 0.03032 – 0.02982 – 0.02973 —
0.031090000 – 0.030660000 —
62.234674497817 – 48.705551434724 —
– —
0.03126 – 1775044800

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – – –