The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 0.031140000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.030380000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘RSI cross above 70’ indicator signal is detected. The indicator is ‘RSI cross above 70’. which is often a bullish signal. The pair is likely to go up.
There is also a ‘StochRSI cross above 20’ indicator signal is detected. The indicator is ‘StochRSI cross above 20’. which is often a bullish signal. The pair is likely to go up.
There is also a ‘Bullish Engulfing’ chart pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032690000 |
| 2nd High | 0.031740000 |
| Next High | 0.031140000 |
| Current Price | 0.031160000 |
| Next Low | 0.030380000 |
| 2nd Low | 0.029970000 |
| 3rd Low | 0.029950000 |
0.031140000 – 0.030770000 – 0.030970000 – 0.030380000 – 0.029970000 – 0.030460000 — 63.988497957766 – 70.841864681555
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Engulfing – – –