The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 0.02943 is expected.
Caution: A possible trend reversal in the direction of support at 0.02912 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
Then a ‘Bullish Belt Hold’ candle chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02972 |
| 2nd High | 0.02969 |
| Next High | 0.02943 |
| Current Price | 0.029440000 |
| Next Low | 0.02912 |
| 2nd Low | 0.02888 |
| 3rd Low | 0.0288 |
0.02943 – 0.0293 – 0.02969 – 0.02912 – 0.02888 – 0.02897 —
0.029550000 – 0.029410000 —
66.26315963515 – 55.003502643229 —
– —
0.02943 – 1773255600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –