ETH/BTC – 1H – BUY

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

An ascent upwards to the next resistance line at 0.02957 will continue.

Caution: A possible trend reversal in the direction of the support line at 0.02877 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Moreover a ‘Three Outside Up’ candlestick chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.02957 – 0.02977 – 0.02922 – 0.02877 – 0.02888 – 0.0292 —
0.028930000 – 0.028910000 —
30.813884352771 – 36.884273439001 —
– —
0.02957 – 1771462800

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