ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
An ascent up to the next resistance line at 0.03272 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 0.03225 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03306 |
| 2nd High | 0.03292 |
| Next High | 0.03272 |
| Current Price | 0.032540000 |
| Next Low | 0.03225 |
| 2nd Low | 0.03213 |
| 3rd Low | 0.03212 |
0.03272 – 0.03292 – 0.03306 – 0.03225 – 0.03213 – 0.03234 — 45.77763162646 – 50.234435166339 — 52.135325991001 – 66.234610460656 – 58.643163508636 – 59.260399855541