ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 0.034920000 will continue.
Caution: A possible change in the direction of the support level at 0.034120000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Outside Up’ candle chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.036280000 |
| 2nd High | 0.035630000 |
| Next High | 0.034920000 |
| Current Price | 0.034510000 |
| Next Low | 0.034120000 |
| 2nd Low | 0.034070000 |
| 3rd Low | 0.033370000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up