The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 0.0299 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.02983 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘MACD-Hist Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD-Hist Bullish Divergence’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03056 |
| 2nd High | 0.02996 |
| Next High | 0.0299 |
| Current Price | 0.029840000 |
| Next Low | 0.02983 |
| 2nd Low | 0.02964 |
| 3rd Low | 0.02923 |
0.0299 – 0.02996 – 0.02983 – 0.02983 – 0.02964 – 0.02965 —
0.029830000 – 0.029840000 —
42.250694530768 – 43.955124386647 —
– —
0.0299 – 1777102200