The pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.036140000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.034670000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair could go down.
Furthermore a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart forms ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.037100000 |
| Next High | 0.036140000 |
| Current Price | 0.036020000 |
| Next Low | 0.034670000 |
| 2nd Low | 0.034340000 |
| 3rd Low | 0.033330000 |
0.036140000 – 0.035890000 – 0.037100000 – 0.034670000 – 0.035160000 – 0.035570000 — 59.767523059718 – 63.613369623196
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –