The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.035460000 will continue.
Caution: A possible change in the direction of the support level at 0.032920000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Three Line Strike – Bullish’ candlestick pattern is existing. The chart shows ‘Three Line Strike – Bullish’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.035670000 |
2nd High | 0.035630000 |
Next High | 0.035460000 |
Current Price | 0.034950000 |
Next Low | 0.032920000 |
2nd Low | 0.032820000 |
3rd Low | 0.031890000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Line Strike – Bullish