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
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Separating Lines – – –