And also a ‘Double bottom chart pattern’ chart layout is detected. The chart shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.
The pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.032130000 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.031460000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032500000 |
| 2nd High | 0.032220000 |
| Next High | 0.032130000 |
| Current Price | 0.032300000 |
| Next Low | 0.031460000 |
| 2nd Low | 0.031200000 |
| 3rd Low | 0.029950000 |
0.032130000 – 0.032220000 – 0.031610000 – 0.031460000 – 0.031200000 – 0.029950000 — 54.271067173739 – 67.193928415798
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double bottom chart pattern –