The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.02941 will persist.
Caution: A possible change in the direction of the support zone at 0.0288 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Separating Lines’ chart pattern is discovered. The chart forms ‘Bullish Separating Lines’. this 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 ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02972 |
| 2nd High | 0.02942 |
| Next High | 0.02941 |
| Current Price | 0.029450000 |
| Next Low | 0.0288 |
| 2nd Low | 0.02877 |
| 3rd Low | 0.02872 |
0.0293 – 0.02926 – 0.02941 – 0.0288 – 0.02877 – 0.02904 —
0.029000000 – 0.029440000 —
37.638913618774 – 66.584441579224 —
– —
0.0293 – 1772928000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Separating Lines – – –