ETH/BTC – 1H – BUY

The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.

A bullish movement upwards to the next resistance line at 0.039270000 will persist.

Caution: A possible change in the direction of the support line at 0.038000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.039270000 – 0.038820000 – 0.039010000 – 0.038000000 – 0.038410000 – 0.038220000 — 65.479079026702 – 68.002869298186

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