ETH/BTC – 1H – BUYMoreover a ‘Falling Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The pair is likely to go up.
The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 0.024190000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.023750000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.024330000 |
| 2nd High | 0.024310000 |
| Next High | 0.024190000 |
| Current Price | 0.024050000 |
| Next Low | 0.023750000 |
| 2nd Low | 0.023700000 |
| 3rd Low | 0.023470000 |
0.024190000 – 0.024310000 – 0.024330000 – 0.023750000 – 0.023700000 – 0.023840000