The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascent upwards to the next resistance line at 0.038590000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.036990000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040030000 |
2nd High | 0.039500000 |
Next High | 0.038590000 |
Current Price | 0.037880000 |
Next Low | 0.036990000 |
2nd Low | 0.036610000 |
3rd Low | 0.036500000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers