ETH/BTC – 1H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.035010000 is expected.
Caution: A possible change in the direction of the support level at 0.034070000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | 0.035940000 |
| 2nd High | 0.035920000 |
| Next High | 0.035010000 |
| Current Price | 0.034650000 |
| Next Low | 0.034070000 |
| 2nd Low | 0.033370000 |
| 3rd Low | 0.032920000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers