The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascent up to the next resistance level at 0.02644 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.026100000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Furthermore a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02674 |
| 2nd High | 0.02662 |
| Next High | 0.02644 |
| Current Price | 0.026160000 |
| Next Low | 0.026100000 |
| 2nd Low | 0.02589 |
| 3rd Low |
0.02644 – 0.0263 – 0.02626 – 0.026100000 – 0.02589 – 0.02616 —
0.026180000 – 0.026170000 —
45.246658857369 – 44.768255183126 —
0.026100000 – 1781494200 —
0.02644 – 1781474400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – – –