The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.02941 will continue.
Caution: A possible change in the direction of the support line at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
And also a ‘Bearish SBS White Lines’ chart pattern is existing. The candles show ‘Bearish SBS White Lines’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02972 |
| 2nd High | 0.02942 |
| Next High | 0.02941 |
| Current Price | 0.029220000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.02941 – 0.02942 – 0.02972 – 0.02877 – 0.02904 – 0.02879 —
0.029090000 – 0.029250000 —
49.548589772705 – 51.579451584754 —
– —
0.02941 – 1772780400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish SBS White Lines – Symmetrical Triangle Chart Pattern – –