The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 0.03083 will persist.
Caution: A possible counter-trend in the direction of the support level at could occur.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘Bullish Belt Hold’ candlestick pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03394 |
| 2nd High | 0.03166 |
| Next High | 0.03083 |
| Current Price | 0.030070000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03083 – 0.03166 – 0.03002 – 0.02973 – 0.03022 – 0.02923 —
0.030190000 – 0.030090000 —
48.831910296983 – 43.553316389151 —
– —
0.03083 – 1774252800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – Rising Wedge Chart Pattern – –