ETH/BTC – 1H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.040760000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.039180000 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘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 probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.041140000 |
| Next High | 0.040760000 |
| Current Price | 0.040160000 |
| Next Low | 0.039180000 |
| 2nd Low | 0.037010000 |
| 3rd Low | 0.036610000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers