The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish ascent up to the next resistance at 0.039370000 will continue.
Caution: A possible change in the direction of the support level at 0.038720000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039720000 |
| 2nd High | 0.039390000 |
| Next High | 0.039370000 |
| Current Price | 0.038990000 |
| Next Low | 0.038720000 |
| 2nd Low | 0.038210000 |
| 3rd Low | 0.038000000 |
0.039370000 – 0.039390000 – 0.039720000 – 0.038720000 – 0.038970000 – 0.038950000 — 51.124546766592 – 55.579272467339
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double top chart pattern – –