ETH/BTC – 1H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.03031 is certain.
Caution: A possible counter-trend in the direction of support at 0.02877 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bullish Belt Hold’ candle pattern is detected. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03359 |
| 2nd High | 0.0306 |
| Next High | 0.03031 |
| Current Price | 0.030040000 |
| Next Low | 0.02877 |
| 2nd Low | 0.02855 |
| 3rd Low | 0.02469 |
0.03031 – 0.0298 – 0.0306 – 0.02877 – 0.02885 – 0.02855 —
0.030250000 – 0.030030000 —
63.428573799284 – 55.144319621121 —
– —
0.03031 – 1770494400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –