The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
An ascent upwards to the next resistance level at 0.0293 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.02888 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.
Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02969 |
| 2nd High | 0.02955 |
| Next High | 0.0293 |
| Current Price | 0.029220000 |
| Next Low | 0.02888 |
| 2nd Low | 0.0288 |
| 3rd Low | 0.02877 |
0.0293 – 0.02925 – 0.02955 – 0.02888 – 0.02901 – 0.02897 —
0.029060000 – 0.029220000 —
48.51212762253 – 60.567552220176 —
– —
0.0293 – 1773163800