ETH/BTC – 4H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 0.035780000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.033370000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ candlestick pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039540000 |
| 2nd High | 0.038320000 |
| Next High | 0.035780000 |
| Current Price | 0.035140000 |
| Next Low | 0.033370000 |
| 2nd Low | 0.031890000 |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers