ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 0.037940000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.036990000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039500000 |
| 2nd High | 0.038590000 |
| Next High | 0.037940000 |
| Current Price | 0.037570000 |
| Next Low | 0.036990000 |
| 2nd Low | 0.036610000 |
| 3rd Low | 0.036500000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers