The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.030180000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.02903 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
There is also a ‘Bullish Engulfing’ candlestick chart pattern is found. The chart forms ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.03069 |
| Next High | 0.030180000 |
| Current Price | 0.029620000 |
| Next Low | 0.02903 |
| 2nd Low | 0.02861 |
| 3rd Low | 0.02842 |
0.030180000 – 0.03069 – 0.02977 – 0.02903 – 0.02861 – 0.02877 —
0.030180000 – 0.029600000 —
62.075542166605 – 45.400958626475 —
0.030180000 – 1772323200 —
– 1772323200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Engulfing – – –