The combination Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline upwards
An ascent upwards to the next resistance at 0.03088 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.03037 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03153 |
| 2nd High | 0.0312 |
| Next High | 0.03088 |
| Current Price | 0.030660000 |
| Next Low | 0.03037 |
| 2nd Low | 0.03032 |
| 3rd Low | 0.03029 |
0.03088 – 0.0312 – 0.03153 – 0.03069 – 0.0309 – 0.03104 —
0.030730000 – 0.030630000 —
40.339002089537 – 31.765074857093 —
– —
0.03088 – 1776601800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – Symmetrical Triangle Chart Pattern – –