The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.03384 will persist.
Caution: A possible change in the direction of the support level at 0.0333 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.
Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.0335 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.03384 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Outside Up’ candlestick chart pattern is detected. The chart forms ‘Three Outside Up’. which 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 success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03394 |
| 2nd High | 0.03388 |
| Next High | 0.03384 |
| Current Price | 0.033520000 |
| Next Low | 0.0333 |
| 2nd Low | 0.03306 |
| 3rd Low | 0.03302 |
0.03384 – 0.03388 – 0.03394 – 0.0333 – 0.03341 – 0.03358 —
0.033340000 – 0.033350000 —
34.587956299744 – 39.111457000829 —
– —
0.03384 – 1769634000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – – –