ETH/BTC – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.03756124 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.038320000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish signal. 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040030000 |
| 2nd High | 0.039540000 |
| Next High | 0.038320000 |
| Current Price | 0.037010000 |
| Next Low | 0.036950000 |
| 2nd Low | 0.036610000 |
| 3rd Low | 0.036500000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers