The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
The bullish trend up to the next resistance at 0.03461 will continue.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03524 |
| 2nd High | 0.03462 |
| Next High | 0.03461 |
| Current Price | 0.034580000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03461 – 0.03462 – 0.03426 – 0.03431 – 0.03432 – 0.0339 — 54.400662235727 – 59.775119654999 — 51.700469629057 – 67.684301013495 – 49.23748487338 – 53.490848673028