ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.032680000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.031760000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bullish Engulfing’ candlestick pattern is existing. The candles form ‘Bullish Engulfing’. 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 ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.033020000 |
| Next High | 0.032680000 |
| Current Price | 0.032170000 |
| Next Low | 0.031760000 |
| 2nd Low | 0.031460000 |
| 3rd Low | 0.031200000 |
0.032680000 – 0.033020000 – 0.032460000 – 0.031760000 – 0.031850000 – 0.031960000 — 48.280347578653 – 51.221020199154
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Engulfing – Double top retreat up –