ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 0.02946 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.02968 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.02946 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03045 |
| 2nd High | 0.03033 |
| Next High | 0.02946 |
| Current Price | 0.029380000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.02946 – 0.02942 – 0.03033 – 0.02907 – 0.02906 – 0.02903 —
0.029400000 – 0.029340000 —
57.632497211286 – 53.698722638312 —
– —
0.02946 – 1772303400