ETH/BTC – 4H – BUY

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

The bullish trend upwards to the next resistance line at 0.032410000 is expected.

Caution: A possible counter-trend in the direction of the support zone at 0.029970000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair is likely to fall.

Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

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

0.032410000 – 0.032690000 – 0.033020000 – 0.029970000 – 0.031760000 – 0.029950000 — 57.50107089376 – 57.952786965477

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