ETH/BTC – 1H – BUY

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

A bullish movement up to the next resistance line at 0.03036 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.03 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.

Then a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.03036 – 0.03064 – 0.03063 – 0.03 – 0.03022 – 0.03035 —
0.030160000 – 0.030830000 —
38.366572340251 – 63.054228154767 —
– —
0.03036 – 1774227600

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –