The pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 0.02983 will continue.
Caution: A possible counter-trend in the direction of support at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03056 |
| 2nd High | 0.02989 |
| Next High | 0.02983 |
| Current Price | 0.029860000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.02983 – 0.02989 – 0.03056 – 0.02965 – 0.02964 – 0.02982 —
0.029730000 – 0.029820000 —
44.502901666982 – 54.827321329151 —
– —
0.02983 – 1777026600