Buy ETH/BTC – 1H – BUY

The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards

A bullish movement up to the next resistance at 0.02942 is certain.

Caution: A possible trend reversal in the direction of support at is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

Additionally a ‘Bullish Separating Lines’ candle pattern is detected. The chart forms ‘Bullish Separating Lines’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Separating Lines’ heading up is 72% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 0.0298
2nd High 0.02972
Next High 0.02942
Current Price 0.029380000
Next Low
2nd Low
3rd Low

0.02942 – 0.02972 – 0.0298 – 0.02879 – 0.02925 – 0.02927 —
0.029410000 – 0.029260000 —
53.735312063455 – 50.848599955938 —
– —
0.02942 – 1772704800

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