ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
An ascent up to the next resistance line at 0.03315 will persist.
Caution: A possible change in the direction of the support line at 0.03276 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Belt Hold’ candlestick pattern is found. The candles form ‘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 chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03462 |
| 2nd High | 0.03395 |
| Next High | 0.03315 |
| Current Price | 0.032950000 |
| Next Low | 0.03276 |
| 2nd Low | 0.03275 |
| 3rd Low | 0.03218 |
0.03315 – 0.03395 – 0.03462 – 0.03276 – 0.03275 – 0.03292 — 44.165014356966 – 49.2624457312 — 67.158342842472 – 60.498003133513 – 80.667230517819 – 70.751973834006
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –