ETH/BTC – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.0384 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.038400000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.041140000 |
| Next High | 0.038400000 |
| Current Price | 0.038030000 |
| Next Low | 0.036500000 |
| 2nd Low | 0.035900000 |
| 3rd Low | 0.035240000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers