ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline upwards
The bullish trend up to the next resistance at 0.035920000 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.033370000 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.037300000 |
| 2nd High | 0.035940000 |
| Next High | 0.035920000 |
| Current Price | 0.034580000 |
| Next Low | 0.033370000 |
| 2nd Low | 0.032920000 |
| 3rd Low | 0.031890000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers