The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 0.0263 is considered certain.
Caution: A possible change in the direction of the support line at 0.02494 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
There is also a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02662 |
| 2nd High | 0.02639 |
| Next High | 0.0263 |
| Current Price | 0.026050000 |
| Next Low | 0.02494 |
| 2nd Low | 0.02469 |
| 3rd Low | 0.02459 |
0.0263 – 0.02626 – 0.02639 – 0.02616 – 0.02609 – 0.02624 —
0.025960000 – 0.025990000 —
32.762735806811 – 49.846138918468 —
– —
0.0263 – 1781337600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –