ETH/BTC – 1H – BUYThe combination breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.039870000 is certain.
Caution: A possible counter-trend in the direction of support at 0.038100000 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.040060000 |
| Next High | 0.039870000 |
| Current Price | 0.039790000 |
| Next Low | 0.038100000 |
| 2nd Low | 0.037230000 |
| 3rd Low | 0.035230000 |