The combination Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline upwards
A bullish trend upwards to the next resistance level at 0.038200000 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.037000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040030000 |
2nd High | 0.039540000 |
Next High | 0.038200000 |
Current Price | 0.037670000 |
Next Low | 0.037000000 |
2nd Low | 0.036990000 |
3rd Low | 0.036610000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers