ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 0.029960000 will continue.
Caution: A possible change in the direction of the support zone at 0.02964 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Outside Up’ candlestick pattern is discovered. The chart shows ‘Three Outside Up’. this is a bullish 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’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03158 |
| 2nd High | 0.03087 |
| Next High | 0.029960000 |
| Current Price | 0.029880000 |
| Next Low | 0.02964 |
| 2nd Low | 0.02923 |
| 3rd Low | 0.02912 |
0.029960000 – 0.03087 – 0.03087 – 0.02964 – 0.02964 – 0.03029 —
0.029960000 – 0.029890000 —
60.736532374566 – 50.291479295028 —
0.029960000 – 1777060800 —
– 1777060800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – – –