ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 0.02941 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.02895 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The chart shows ‘Bearish SBS White Lines’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02972 |
| 2nd High | 0.02942 |
| Next High | 0.02941 |
| Current Price | 0.029210000 |
| Next Low | 0.02895 |
| 2nd Low | 0.02877 |
| 3rd Low | 0.02872 |
0.02941 – 0.0294 – 0.02942 – 0.02895 – 0.02877 – 0.0291 —
0.029060000 – 0.029220000 —
49.609588869031 – 60.494618946422 —
– —
0.02941 – 1772780400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish SBS White Lines – – –