ETH/BTC – 1H – BUY

The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline upwards

A bullish movement up to the next resistance at 0.038900000 will continue.

Caution: A possible trend reversal in the direction of the support line at 0.038500000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.03884928 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.038900000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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).

0.038900000 – 0.039010000 – 0.039720000 – 0.038500000 – 0.038520000 – 0.038580000 — 43.85793627679 – 47.082889877045

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