ETH/BTC – 30M – BUYCorrection 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 0.033365 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.03354 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Engulfing’ candle chart pattern is existing. The chart shows ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03384 |
| 2nd High | 0.03359 |
| Next High | 0.03354 |
| Current Price | 0.033130000 |
| Next Low | 0.03285 |
| 2nd Low | 0.0323 |
| 3rd Low | 0.03218 |
0.03354 – 0.03359 – 0.03384 – 0.03285 – 0.0333 – 0.03341 —
0.033250000 – 0.033160000 —
39.424584138732 – 44.948760975074 —
– —
0.03354 – 1769736600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Engulfing – – –