The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 0.02889 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
Also there is a ‘Three Outside Up’ chart pattern is found. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02948 |
| 2nd High | 0.02896 |
| Next High | 0.02889 |
| Current Price | 0.028830000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.02889 – 0.02888 – 0.02887 – 0.02867 – 0.02875 – 0.02857 —
0.028870000 – 0.028830000 —
54.958859704414 – 45.734198150509 —
– —
0.02889 – 1778364000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – – –