ETH/BTC – 4H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at 0.03031 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.02877 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03394 |
| 2nd High | 0.0306 |
| Next High | 0.03031 |
| Current Price | 0.029470000 |
| Next Low | 0.02877 |
| 2nd Low | 0.02855 |
| 3rd Low | 0.02469 |
0.03031 – 0.0306 – 0.03394 – 0.02877 – 0.02855 – 0.0323 —
0.029690000 – 0.029300000 —
49.635044664033 – 43.240312408943 —
– —
0.03031 – 1770494400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – Symmetrical Triangle Chart Pattern – –