The pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 0.02837 is expected.
Caution: A possible change in the direction of the support zone at 0.02617 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Then a ” indicator signal is detected. The indicator is ”. which is often a bullish chart scenario. The currency pair is likely to rise.
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Then a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02981 |
| 2nd High | 0.02909 |
| Next High | 0.02837 |
| Current Price | 0.027240000 |
| Next Low | 0.02617 |
| 2nd Low | 0.02469 |
| 3rd Low | 0.02305 |
0.02837 – 0.02759 – 0.02757 – 0.02617 – 0.02712 – 0.02677 —
0.026120000 – 0.026180000 —
35.248539902676 – 45.802502155152 —
– —
0.02837 – 1780531200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – – –