ETH/BTC – 4H – BUY

The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.

The bullish trend up to the next resistance level at 0.02972 will persist.

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

Next a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.

Next a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.

Next a ‘MACD Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD Hidden Bullish Divergence’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.

Next a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.02965 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.02972 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

0.02972 – 0.03018 – 0.03069 – 0.02877 – 0.02879 – 0.02903 —
0.029260000 – 0.028970000 —
50.513967448956 – 40.641466258096 —
– —
0.02972 – 1772640000

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