ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.03336 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.0323 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bullish Belt Hold’ chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03462 |
| 2nd High | 0.03395 |
| Next High | 0.03336 |
| Current Price | 0.033740000 |
| Next Low | 0.0323 |
| 2nd Low | 0.03218 |
| 3rd Low | 0.03217 |
0.03336 – 0.03326 – 0.03318 – 0.0323 – 0.03263 – 0.03276 —
0.033150000 – 0.033790000 —
48.97919861004 – 74.444751862973 —
– —
0.03336 – 1769461200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –