ETH/BTC – 30M – BUYMoreover a ‘Falling Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Falling Wedge Chart Pattern’. which is a bullish signal. The currency pair is likely to go up.
The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 0.024190000 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.023750000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.
Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive 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 | 0.024330000 |
| 2nd High | 0.024310000 |
| Next High | 0.024190000 |
| Current Price | 0.024110000 |
| Next Low | 0.023750000 |
| 2nd Low | 0.023700000 |
| 3rd Low | 0.023470000 |
0.024190000 – 0.024310000 – 0.024330000 – 0.023750000 – 0.023700000 – 0.023840000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Three White Soldiers