ETH/BTC – 30M – BUY

The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline upwards

The bullish trend upwards to the next resistance level at 0.02994 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 0.02842 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.02918 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.02994 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Outside Up’ candle pattern is discovered. The chart shows ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.02994 – 0.02944 – 0.02942 – 0.02842 – 0.02913 – 0.02916 —
0.028650000 – 0.028770000 —
31.238998396302 – 41.851120832119 —
– —
0.02994 – 1771000200

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