The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 0.040690000 will continue.
Caution: A possible change in the direction of the support level at 0.039620000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041630000 |
| 2nd High | 0.040880000 |
| Next High | 0.040690000 |
| Current Price | 0.040010000 |
| Next Low | 0.039620000 |
| 2nd Low | 0.039280000 |
| 3rd Low | 0.037670000 |
0.040690000 – 0.040410000 – 0.040290000 – 0.039620000 – 0.039280000 – 0.039600000 — 38.404350747849 – 41.699227113075
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Rising Wedge Chart Pattern – –