The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.03063 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.03029 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03083 |
| 2nd High | 0.0307 |
| Next High | 0.03063 |
| Current Price | 0.031060000 |
| Next Low | 0.03029 |
| 2nd Low | 0.02984 |
| 3rd Low | 0.02982 |
0.03063 – 0.0307 – 0.0301 – 0.03029 – 0.02984 – 0.02982 —
0.030850000 – 0.031000000 —
73.754802675506 – 72.361085367671 —
– —
0.03063 – 1774920600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – – –