The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 0.02777 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.02674 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 0.0285 |
| 2nd High | 0.02837 |
| Next High | 0.02777 |
| Current Price | 0.028140000 |
| Next Low | 0.02674 |
| 2nd Low | 0.02617 |
| 3rd Low | 0.02612 |
0.02777 – 0.02703 – 0.027 – 0.02674 – 0.02675 – 0.02677 —
0.027860000 – 0.028020000 —
77.348062365575 – 75.482797555927 —
– —
0.02777 – 1783000800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – Rising Wedge Chart Pattern – –