ETH/BTC – 1H – BUY

The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline up.

An ascending movement up to the next resistance line at 0.03359 is considered certain.

Caution: A possible change in the direction of support at 0.0309 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Outside Up’ candle pattern is detected. The candles form ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.03359 – 0.03394 – 0.03336 – 0.03187 – 0.03285 – 0.0333 —
0.031830000 – 0.030800000 —
25.202494244509 – 18.341089986477 —
– —
0.03359 – 1769706000

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – – –