ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 0.02995 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.02855 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03122 |
| 2nd High | 0.0306 |
| Next High | 0.02995 |
| Current Price | 0.029720000 |
| Next Low | 0.02855 |
| 2nd Low | 0.02844 |
| 3rd Low | 0.02813 |
0.02964 – 0.02995 – 0.0306 – 0.02855 – 0.02871 – 0.029 —
0.029500000 – 0.029710000 —
52.03007983722 – 58.089691112495 —
– —
0.02964 – 1770233400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – Symmetrical Triangle Chart Pattern – –