ETH/BTC – 30M – BUY

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

A continuation of the uptrend up to the next resistance level at 0.041630000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.039910000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.04111 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.041630000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

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

0.041110000 – 0.040690000 – 0.040410000 – 0.039910000 – 0.039620000 – 0.039280000 — 70.104590746004 – 72.631177469448

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Inverse Head and Shoulder chart pattern – –