The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.03417 is expected.
Caution: A possible change in the direction of the support level at 0.03401 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘%K cross above 20’ indicator signal is discovered. The indicator is ‘%K cross above 20’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03433 |
| 2nd High | 0.03419 |
| Next High | 0.03417 |
| Current Price | 0.034090000 |
| Next Low | 0.03401 |
| 2nd Low | 0.03399 |
| 3rd Low | 0.03382 |
0.03417 – 0.03419 – 0.03433 – 0.03401 – 0.03399 – 0.03442 — 37.018760901169 – 43.52233228631 — 0 – 11.553210202287 – 8.4378201533145 – 6.8672136973251