ETH/BTC – 1H – BUY

The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance at 0.033020000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.031460000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Next a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.033020000 – 0.032490000 – 0.032130000 – 0.031460000 – 0.031200000 – 0.029950000 — 49.416118903441 – 61.966507511925

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