The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 0.03024 is expected.
Caution: A possible trend reversal in the direction of the support zone at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
Next a ‘Rising Window’ candle chart pattern is found. The chart forms ‘Rising Window’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Rising Window’ heading up is 75% (Bull Market) & 72% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03068 |
| 2nd High | 0.03066 |
| Next High | 0.03024 |
| Current Price | 0.030160000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03024 – 0.0302 – 0.03007 – 0.02998 – 0.02979 – 0.02985 —
0.030050000 – 0.030140000 —
49.549153667767 – 52.457361693984 —
– —
0.03024 – 1774639800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Rising Window – – –