ETH/BTC – 4H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 0.03398 will continue.
Caution: A possible change in the direction of the support level at 0.03286 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Tweezers Bottom’ candle pattern is found. The chart shows ‘Tweezers Bottom’. 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 chance of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03442 |
| 2nd High | 0.03435 |
| Next High | 0.03398 |
| Current Price | 0.032330000 |
| Next Low | 0.03286 |
| 2nd Low | 0.03209 |
| 3rd Low | 0.03201 |
0.03398 – 0.03393 – 0.03365 – 0.03286 – 0.03209 – 0.03213 — 34.017669945462 – 37.082330500635 — 20.762006368912 – 20.050757318591 – 15.717526362015 – 18.873963435333
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Tweezers Bottom – Double top retreat up – –