ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline up.
An ascending movement upwards to the next resistance at 0.035310000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.033580000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. 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 | 0.035980000 |
| 2nd High | 0.035670000 |
| Next High | 0.035310000 |
| Current Price | 0.034310000 |
| Next Low | 0.033580000 |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers