ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
An ascent upwards to the next resistance at 0.03318 is likely expected.
Caution: A possible trend reversal in the direction of the support line at could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03462 |
| 2nd High | 0.03395 |
| Next High | 0.03318 |
| Current Price | 0.033130000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03318 – 0.03311 – 0.03315 – 0.03263 – 0.03276 – 0.03275 —
0.033100000 – 0.033130000 —
52.706141779804 – 50.370032327312 —
– —
0.03318 – 1769277600