ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 0.030770000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.030380000 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Tweezers Bottom’ candle pattern is discovered. The chart forms ‘Tweezers Bottom’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.031740000 |
| 2nd High | 0.030970000 |
| Next High | 0.030770000 |
| Current Price | 0.030600000 |
| Next Low | 0.030380000 |
| 2nd Low | 0.029970000 |
| 3rd Low | 0.029950000 |
0.030770000 – 0.030970000 – 0.031740000 – 0.030380000 – 0.029970000 – 0.030460000 — 49.147774532527 – 54.514909301454
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Tweezers Bottom – – –