ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.036590000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.035810000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Outside Up’ candlestick pattern is detected. The chart shows ‘Three Outside Up’. 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 Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.037300000 |
| 2nd High | 0.037270000 |
| Next High | 0.036590000 |
| Current Price | 0.036200000 |
| Next Low | 0.035810000 |
| 2nd Low | 0.035590000 |
| 3rd Low | 0.034620000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up