In addition a ‘Double bottom chart pattern’ chart layout is detected. The chart forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.
The pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.032130000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.031460000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032500000 |
| 2nd High | 0.032220000 |
| Next High | 0.032130000 |
| Current Price | 0.032300000 |
| Next Low | 0.031460000 |
| 2nd Low | 0.031200000 |
| 3rd Low | 0.029950000 |
0.032130000 – 0.032220000 – 0.031610000 – 0.031460000 – 0.031200000 – 0.029950000 — 54.271067173739 – 67.193928415798
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double bottom chart pattern –