ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 0.03029 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.02958 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.03158 |
| 2nd High | 0.03087 |
| Next High | 0.03029 |
| Current Price | 0.029790000 |
| Next Low | 0.02958 |
| 2nd Low | 0.02923 |
| 3rd Low | 0.02912 |
0.03029 – 0.02991 – 0.02996 – 0.02958 – 0.0298 – 0.02977 —
0.029840000 – 0.029750000 —
46.125172024006 – 43.600225254009 —
– —
0.03029 – 1777226400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – – –