The combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.038200000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.037460000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Line Strike – Bullish’ candlestick pattern is discovered. The chart shows ‘Three Line Strike – Bullish’. which 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 ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040030000 |
2nd High | 0.039540000 |
Next High | 0.038200000 |
Current Price | 0.037810000 |
Next Low | 0.037460000 |
2nd Low | 0.037000000 |
3rd Low | 0.036990000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Line Strike – Bullish