ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 0.039720000 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 0.038580000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles show ‘Bullish Belt Hold’. 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 probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039980000 |
| 2nd High | 0.039970000 |
| Next High | 0.039720000 |
| Current Price | 0.038890000 |
| Next Low | 0.038580000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.037670000 |
0.039720000 – 0.039970000 – 0.039980000 – 0.038580000 – 0.038810000 – 0.039430000 — 43.631661355583 – 47.231379222879
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – Double bottom chart pattern – –