ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.03452 is considered certain.
Caution: A possible counter-trend in the direction of the support line at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.
Additionally a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a positive signal. 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 | 0.036 |
| 2nd High | 0.0353 |
| Next High | 0.03452 |
| Current Price | 0.034470000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03452 – 0.03402 – 0.03405 – 0.03382 – 0.03402 – 0.03376 — 53.136792689855 – 63.827980174066 — 51.841503689806 – 51.399615165067 – 66.991674609594 – 57.183467912368
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –