ETH/BTC – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.03846 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.038460000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.041140000 |
| Next High | 0.038460000 |
| Current Price | 0.037720000 |
| Next Low | 0.036610000 |
| 2nd Low | 0.035240000 |
| 3rd Low | 0.034110000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers