ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.040040000 is expected.
Caution: A possible change in the direction of support at 0.039730000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040380000 |
| 2nd High | 0.040340000 |
| Next High | 0.040040000 |
| Current Price | 0.039980000 |
| Next Low | 0.039730000 |
| 2nd Low | 0.039180000 |
| 3rd Low | 0.037880000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers