ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
An ascent upwards to the next resistance at 0.035780000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.034620000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. this 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 chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.035940000 |
| 2nd High | 0.035920000 |
| Next High | 0.035780000 |
| Current Price | 0.035770000 |
| Next Low | 0.034620000 |
| 2nd Low | 0.034120000 |
| 3rd Low | 0.034070000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers