ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline up.
An ascending movement up to the next resistance level at 0.02916 will persist.
Caution: A possible trend reversal in the direction of support at 0.02877 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Outside Up’ candlestick pattern is detected. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02977 |
| 2nd High | 0.02957 |
| Next High | 0.02916 |
| Current Price | 0.028900000 |
| Next Low | 0.02877 |
| 2nd Low | 0.02842 |
| 3rd Low | 0.02813 |
0.02916 – 0.02957 – 0.02957 – 0.02877 – 0.02888 – 0.0292 —
0.028970000 – 0.028830000 —
40.090290340874 – 30.330669607867 —
– —
0.02916 – 1771547400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – – –