The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 0.038780000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 0.038010000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041500000 |
2nd High | 0.041140000 |
Next High | 0.038780000 |
Current Price | 0.039440000 |
Next Low | 0.038010000 |
2nd Low | 0.037200000 |
3rd Low | 0.036610000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers