ETH/BTC – 30M – BUY

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

A continuation of the bullish trend up to the next resistance line at 0.03453 is expected.

Caution: A possible trend reversal in the direction of support at 0.0336 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.0341 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.03453 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.03453 – 0.03448 – 0.0346 – 0.0336 – 0.03413 – 0.03372 — 47.180781060386 – 48.282337116477 — 83.656234475907 – 93.654578572611 – 53.776415136964 – 75.877904730364

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