The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline up.
The bullish trend upwards to the next resistance line at 0.037300000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 0.036070000 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.039540000 |
2nd High | 0.038320000 |
Next High | 0.037300000 |
Current Price | 0.036290000 |
Next Low | 0.036070000 |
2nd Low | 0.035900000 |
3rd Low | 0.035240000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers