Moreover a ‘Inverse Head and Shoulder chart pattern’ chart layout is discovered. The chart forms ‘Inverse Head and Shoulder chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
The pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.03289 is likely expected.
Caution: A possible change in the direction of the support zone at 0.03244 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03306 |
| 2nd High | 0.03292 |
| Next High | 0.03289 |
| Current Price | 0.032640000 |
| Next Low | 0.03244 |
| 2nd Low | 0.03235 |
| 3rd Low | 0.03225 |
0.03289 – 0.03257 – 0.03272 – 0.03244 – 0.03235 – 0.03225 — 44.326973513338 – 50.368586105203 — 24.726174700511 – 34.985440192039 – 29.385208090188 – 30.096513892019
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Inverse Head and Shoulder chart pattern – –