The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline up.
A bullish ascent upwards to the next resistance line at 0.02957 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.02893 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
And also a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The candles form ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02994 |
| 2nd High | 0.02977 |
| Next High | 0.02957 |
| Current Price | 0.028960000 |
| Next Low | 0.02893 |
| 2nd Low | 0.02891 |
| 3rd Low | 0.02842 |
0.02957 – 0.02957 – 0.02977 – 0.0292 – 0.02926 – 0.0294 —
0.029180000 – 0.028990000 —
25.710594517007 – 23.874463512092 —
– —
0.02957 – 1771484400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Engulfing – – –