ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.03109 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.03038 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03149 |
| 2nd High | 0.03126 |
| Next High | 0.03109 |
| Current Price | 0.031340000 |
| Next Low | 0.03038 |
| 2nd Low | 0.03032 |
| 3rd Low | 0.03029 |
0.03081 – 0.03109 – 0.03096 – 0.03038 – 0.0305 – 0.03064 —
0.030750000 – 0.031300000 —
56.703620041042 – 74.597636037425 —
– —
0.03081 – 1775552400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – – –