ETH/BTC – 30M – BUY

The pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.

An ascending movement up to the next resistance at 0.02639 will persist.

Caution: A possible change in the direction of the support level at 0.02609 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘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 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.026355 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.02639 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Up’ candlestick chart pattern is found. The candles form ‘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’ going up is 75% (Bull Market) & 74% (Bear Market).

0.02639 – 0.02662 – 0.02645 – 0.02609 – 0.02624 – 0.02613 —
0.026190000 – 0.026210000 —
37.8595507101 – 45.457348797954 —
– —
0.02639 – 1781251200

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – Rising Wedge Chart Pattern – –