Then a ‘Double top retreat up’ chart formation is detected. The chart picture forms ‘Double top retreat up’. this is a bullish signal. The currency pair is likely to go up.
The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance level at 0.038900000 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.038500000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039010000 |
| 2nd High | 0.038920000 |
| Next High | 0.038900000 |
| Current Price | 0.038550000 |
| Next Low | 0.038500000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.038900000 – 0.038750000 – 0.038920000 – 0.038500000 – 0.038520000 – 0.038580000 — 39.645151234196 – 45.155255428697
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double top retreat up – –