ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 0.025500000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 0.024930000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bullish Belt Hold’ candle chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025770000 |
| 2nd High | 0.025620000 |
| Next High | 0.025500000 |
| Current Price | 0.025120000 |
| Next Low | 0.024930000 |
| 2nd Low | 0.024590000 |
| 3rd Low | 0.023900000 |
0.025500000 – 0.025620000 – 0.025770000 – 0.024930000 – 0.025170000 – 0.025220000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Bullish Belt Hold –