The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
An ascent up to the next resistance line at 0.0296 will continue.
Caution: A possible counter-trend in the direction of support at 0.02929 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.029765 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.0296 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03024 |
| 2nd High | 0.02965 |
| Next High | 0.0296 |
| Current Price | 0.029700000 |
| Next Low | 0.02929 |
| 2nd Low | 0.02923 |
| 3rd Low | 0.02912 |
0.0296 – 0.02965 – 0.03024 – 0.02929 – 0.02952 – 0.02952 —
0.029630000 – 0.029580000 —
68.815674926329 – 44.643782908811 —
– —
0.0296 – 1777755600