ETH/BTC – 30M – BUYMoreover a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.03394 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.03384 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Outside Up’ candlestick chart pattern is existing. The chart shows ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03394 |
| 2nd High | 0.03388 |
| Next High | 0.03384 |
| Current Price | 0.033820000 |
| Next Low | 0.03341 |
| 2nd Low | 0.03306 |
| 3rd Low | 0.03302 |
0.03384 – 0.03388 – 0.03394 – 0.03341 – 0.03358 – 0.03306 —
0.033810000 – 0.033780000 —
59.551541677558 – 53.644394878681 —
– —
0.03384 – 1769634000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – Head and Shoulder chart pattern – –