ETH/BTC – 4H – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0391605 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.041140000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.041500000 |
| Next High | 0.041140000 |
| Current Price | 0.036620000 |
| Next Low | 0.031890000 |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers