ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.0329 is expected.
Caution: A possible trend reversal in the direction of the support zone at 0.03213 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.032635 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.0329 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03314 |
| 2nd High | 0.03306 |
| Next High | 0.0329 |
| Current Price | 0.032550000 |
| Next Low | 0.03213 |
| 2nd Low | 0.03212 |
| 3rd Low | 0.03201 |
0.0329 – 0.03306 – 0.03305 – 0.03213 – 0.03234 – 0.03267 — 39.587774686027 – 46.589970070449 — 13.7671638715 – 13.168214654283 – 36.806038591339 – 19.531395936791
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –