ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
An ascent upwards to the next resistance line at 0.035940000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.033370000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.037300000 |
| 2nd High | 0.037270000 |
| Next High | 0.035940000 |
| Current Price | 0.035700000 |
| Next Low | 0.033370000 |
| 2nd Low | 0.032920000 |
| 3rd Low | 0.032820000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers