The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 0.03062 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.03035 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Next a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish pattern 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’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0312 |
| 2nd High | 0.03107 |
| Next High | 0.03062 |
| Current Price | 0.030430000 |
| Next Low | 0.03035 |
| 2nd Low | 0.02923 |
| 3rd Low | 0.02912 |
0.03062 – 0.03107 – 0.0312 – 0.03035 – 0.03081 – 0.03049 —
0.030340000 – 0.030390000 —
31.994823377562 – 39.688990097943 —
– —
0.03062 – 1773964800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – – –