ETH/BTC – 30M – BUY

The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards

The bullish trend upwards to the next resistance at 0.032130000 is considered certain.

Caution: A possible trend reversal in the direction of the support line at could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.03222 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.032130000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.032130000 – 0.031980000 – 0.032220000 – 0.031460000 – 0.031200000 – 0.031000000 — 53.580368010369 – 59.413634767416

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern –