The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
An ascent up to the next resistance level at 0.029690000 is likely expected.
Caution: A possible change in the direction of the support line at could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
Also there is a ‘StochRSI %K crosses above 0.2’ indicator layout is found. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive signal. The currency pair could go up.
Also there is a ‘Tweezers Bottom’ candle pattern is found. The candles show ‘Tweezers Bottom’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.02972 |
| Next High | 0.029690000 |
| Current Price | 0.029370000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.029690000 – 0.0293 – 0.02926 – 0.0288 – 0.02877 – 0.02904 —
0.029690000 – 0.029390000 —
65.821416077538 – 47.41447104732 —
0.029690000 – 1773036000 —
– 1773036000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Tweezers Bottom – – –