The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 0.02674 will persist.
Caution: A possible change in the direction of the support level at 0.02622 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Bullish Belt Hold’ chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02696 |
| 2nd High | 0.02683 |
| Next High | 0.02674 |
| Current Price | 0.026400000 |
| Next Low | 0.02622 |
| 2nd Low | 0.02617 |
| 3rd Low | 0.02494 |
0.02674 – 0.0266 – 0.02683 – 0.02622 – 0.02641 – 0.02646 —
0.026430000 – 0.026440000 —
51.854986070023 – 49.607396713054 —
– —
0.02674 – 1781098200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –