ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at is expected.
Caution: A possible change in the direction of support at 0.026460000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Inverted Hammer’ candlestick pattern is existing. The chart forms ‘Inverted Hammer’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ heading up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.028320000 |
| Next Low | 0.026460000 |
| 2nd Low | 0.024940000 |
| 3rd Low | 0.024690000 |
0.026840000 – 0.026740000 – 0.025570000 – 0.026460000 – 0.024940000 – 0.024690000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Inverted Hammer –