The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascent upwards to the next resistance line at 0.0294 is considered certain.
Caution: A possible trend reversal in the direction of the support line at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.
There is also a ‘Three Outside Up’ candle chart pattern is found. The candles show ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02972 |
| 2nd High | 0.02942 |
| Next High | 0.0294 |
| Current Price | 0.029350000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.0294 – 0.02942 – 0.02938 – 0.02904 – 0.02907 – 0.02879 —
0.029250000 – 0.029330000 —
49.80208186182 – 53.077458844232 —
– —
0.0294 – 1772742600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – Symmetrical Triangle Chart Pattern – –