The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline up.
A bullish movement up to the next resistance at 0.03029 is expected.
Caution: A possible trend reversal in the direction of support at 0.02898 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0306 |
| 2nd High | 0.03031 |
| Next High | 0.03029 |
| Current Price | 0.029200000 |
| Next Low | 0.02898 |
| 2nd Low | 0.02877 |
| 3rd Low | 0.02855 |
0.03029 – 0.0302 – 0.03031 – 0.02925 – 0.02933 – 0.02951 —
0.029680000 – 0.029190000 —
37.507382678634 – 24.219998111604 —
– —
0.03029 – 1770661800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – – –