The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish trend up to the next resistance line at 0.02948 is expected.
Caution: A possible trend reversal in the direction of the support zone at 0.02861 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.
Moreover a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02982 |
| 2nd High | 0.02981 |
| Next High | 0.02948 |
| Current Price | 0.028740000 |
| Next Low | 0.02861 |
| 2nd Low | 0.02842 |
| 3rd Low | 0.02813 |
0.02948 – 0.02948 – 0.02981 – 0.02877 – 0.02905 – 0.02904 —
0.028880000 – 0.028650000 —
38.954492591039 – 24.283726425995 —
– —
0.02948 – 1778059800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – – –