ETH/BTC – 1H – BUY

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

An ascending movement upwards to the next resistance at 0.02991 is considered certain.

Caution: A possible change in the direction of the support line at is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

Furthermore a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.

Furthermore a ‘Three Outside Up’ candlestick chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish chart scenario. 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).

0.02991 – 0.02996 – 0.03087 – 0.02977 – 0.02964 – 0.02964 —
0.029890000 – 0.029880000 —
51.522258608104 – 48.599443520361 —
– —
0.02991 – 1777136400

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