The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 0.03419 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.03399 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0353 |
| 2nd High | 0.03525 |
| Next High | 0.03419 |
| Current Price | 0.034100000 |
| Next Low | 0.03399 |
| 2nd Low | 0.03382 |
| 3rd Low | 0.03376 |
0.03419 – 0.03525 – 0.03452 – 0.03399 – 0.03382 – 0.03376 — 40.603081607721 – 45.956634837488 — 9.7946890642233 – 14.081139313679 – 22.997633524678 – 14.488402168783
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Triple bottom chart pattern – –