Buy ETH/BTC – 1H – BUY

The pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards

A bullish movement up to the next resistance level at 0.03309 is certain.

Caution: A possible counter-trend in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

In addition a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair could go up.

In addition a ‘Bullish Belt Hold’ chart pattern is found. The chart forms ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 0.03379
2nd High 0.03356
Next High 0.03309
Current Price 0.033240000
Next Low
2nd Low
3rd Low

0.03309 – 0.03356 – 0.03327 – 0.03288 – 0.03281 – 0.03286 — 53.221602614874 – 59.272985359856 — 59.714117458108 – 66.679158413191 – 69.324434451047 – 65.101034435581

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