Then a ‘Double bottom chart pattern’ chart formation is found. The chart forms ‘Double bottom chart pattern’. this is a bullish pattern signal. The pair is likely to go up.
The combination Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.03452 will persist.
Caution: A possible counter-trend in the direction of support at 0.03382 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.036 |
| 2nd High | 0.0353 |
| Next High | 0.03452 |
| Current Price | 0.034560000 |
| Next Low | 0.03382 |
| 2nd Low | 0.03376 |
| 3rd Low | 0.03353 |
0.03452 – 0.03402 – 0.03405 – 0.03382 – 0.03376 – 0.03353 — 60.625563874201 – 63.546161003821 — 61.281477740097 – 68.321427712437 – 61.000303399622 – 62.361401736537
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double bottom chart pattern – –