ETH/BTC – 1H – BUY

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

A bullish ascent upwards to the next resistance level at will continue.

Caution: A possible counter-trend in the direction of the support line at 0.031460000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘RSI cross above 70’ indicator signal is found. The indicator shows ‘RSI cross above 70’. which is often a bullish chart signal. The currency pair is likely to rise.

There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

There is also a ‘Bullish Engulfing’ chart pattern is detected. The candles form ‘Bullish Engulfing’. which 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 probability of ‘Bullish Engulfing’ going up is 63%.

0.032490000 – 0.032130000 – 0.032220000 – 0.031460000 – 0.031200000 – 0.029950000 — 64.089272037457 – 69.371850221507

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Engulfing – –