ETH/BTC – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.04032 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.040320000 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | |
| 2nd High | 0.041140000 |
| Next High | 0.040320000 |
| Current Price | 0.040210000 |
| Next Low | 0.037010000 |
| 2nd Low | 0.036610000 |
| 3rd Low | 0.035240000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers