The combination Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline up.
The bullish trend up to the next resistance at 0.03023 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.02875 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03326 |
| 2nd High | 0.03122 |
| Next High | 0.03023 |
| Current Price | 0.029390000 |
| Next Low | 0.02875 |
| 2nd Low | 0.02844 |
| 3rd Low | 0.02813 |
0.03023 – 0.03122 – 0.03326 – 0.02942 – 0.02958 – 0.02875 —
0.029540000 – 0.029200000 —
39.821993936923 – 30.533126822963 —
– —
0.03023 – 1770046200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – – –