ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
The bullish trend up to the next resistance at 0.034650000 is certain.
Caution: A possible counter-trend in the direction of support at 0.032920000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which 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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.035670000 |
| 2nd High | 0.035630000 |
| Next High | 0.034650000 |
| Current Price | 0.034530000 |
| Next Low | 0.032920000 |
| 2nd Low | 0.032820000 |
| 3rd Low | 0.031890000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers