ETH/BTC – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.038265 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.039540000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040340000 |
| 2nd High | 0.040040000 |
| Next High | 0.039540000 |
| Current Price | 0.038000000 |
| Next Low | 0.037580000 |
| 2nd Low | 0.036990000 |
| 3rd Low | 0.036610000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers