The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance line at 0.02958 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.02875 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
Then a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03122 |
| 2nd High | 0.03023 |
| Next High | 0.02958 |
| Current Price | 0.030070000 |
| Next Low | 0.02875 |
| 2nd Low | 0.02844 |
| 3rd Low | 0.02813 |
0.02958 – 0.03023 – 0.03122 – 0.029 – 0.02942 – 0.02958 —
0.029520000 – 0.029510000 —
46.041423998895 – 52.642918991051 —
– —
0.02958 – 1770132000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – Double bottom chart pattern – –