ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 0.02754 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.02663 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Bullish Belt Hold’ chart pattern is detected. The chart shows ‘Bullish Belt Hold’. this is a bullish 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 | 0.0285 |
| 2nd High | 0.02837 |
| Next High | 0.02754 |
| Current Price | 0.027310000 |
| Next Low | 0.02663 |
| 2nd Low | 0.02589 |
| 3rd Low | 0.02469 |
0.02754 – 0.0275 – 0.02644 – 0.02663 – 0.02589 – 0.02609 —
0.027320000 – 0.027290000 —
61.885300806329 – 56.690206087762 —
– —
0.02754 – 1781611200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –