ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish movement up to the next resistance level at 0.02964 will persist.
Caution: A possible change in the direction of the support line at 0.02855 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0306 |
| 2nd High | 0.02995 |
| Next High | 0.02964 |
| Current Price | 0.029630000 |
| Next Low | 0.02855 |
| 2nd Low | 0.02844 |
| 3rd Low | 0.02813 |
0.02964 – 0.02995 – 0.0306 – 0.02855 – 0.02871 – 0.029 —
0.029770000 – 0.029720000 —
58.464897788069 – 49.435177230351 —
– —
0.02964 – 1770233400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –