The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.038250000 will continue.
Caution: A possible change in the direction of the support level at 0.036500000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041500000 |
2nd High | 0.041140000 |
Next High | 0.038250000 |
Current Price | 0.038200000 |
Next Low | 0.036500000 |
2nd Low | 0.035900000 |
3rd Low | 0.035240000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers