The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.032130000 will persist.
Caution: A possible change in the direction of the support zone at 0.031200000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘RSI cross above 70’ indicator signal is detected. The indicator is ‘RSI cross above 70’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032230000 |
| 2nd High | 0.032220000 |
| Next High | 0.032130000 |
| Current Price | 0.031840000 |
| Next Low | 0.031200000 |
| 2nd Low | 0.031000000 |
| 3rd Low | 0.029950000 |
0.032130000 – 0.031980000 – 0.032220000 – 0.031200000 – 0.031000000 – 0.029950000 — 52.380363046881 – 59.91806154582
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – –