The pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 0.03306 will persist.
Caution: A possible change in the direction of the support line at 0.03213 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. this is usually a bullish chart scenario. 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 will persist. Current target is 0.03303 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.03306 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03393 |
| 2nd High | 0.03314 |
| Next High | 0.03306 |
| Current Price | 0.032750000 |
| Next Low | 0.03213 |
| 2nd Low | 0.03212 |
| 3rd Low | 0.03201 |
0.03306 – 0.03305 – 0.03314 – 0.03213 – 0.03234 – 0.03267 — 47.359385886308 – 53.497698213678 — 80.853339444986 – 84.440115357436 – 82.858088708086 – 82.073760003056
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Triple top chart pattern – –