ETH/BTC – 30M – BUY

The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.

A continuation of the bullish trend up to the next resistance line at 0.024360000 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.023900000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.024290000 – 0.024090000 – 0.023730000 – 0.023900000 – 0.023270000 – 0.023310000

Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –