ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 0.039970000 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.038810000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039990000 |
| 2nd High | 0.039980000 |
| Next High | 0.039970000 |
| Current Price | 0.039530000 |
| Next Low | 0.038810000 |
| 2nd Low | 0.038770000 |
| 3rd Low | 0.038510000 |
0.039970000 – 0.039980000 – 0.039970000 – 0.038810000 – 0.039430000 – 0.038770000 — 64.382788267912 – 65.820016861264