ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline up.
A bullish trend upwards to the next resistance at 0.03315 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.03277 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
In addition a ‘Latter Bottom’ candle chart pattern is discovered. The candles show ‘Latter Bottom’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03462 |
| 2nd High | 0.03395 |
| Next High | 0.03315 |
| Current Price | 0.032890000 |
| Next Low | 0.03277 |
| 2nd Low | 0.03276 |
| 3rd Low | 0.03275 |
0.03315 – 0.03395 – 0.03352 – 0.03277 – 0.03276 – 0.03278 —
0.032940000 – 0.032830000 —
47.653397553451 – 39.428210584062 —
– —
0.03315 – 1769144400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Latter Bottom – Double top retreat up – –