The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 0.02777 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 0.02674 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Bullish Belt Hold’ candle pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0285 |
| 2nd High | 0.02837 |
| Next High | 0.02777 |
| Current Price | 0.028150000 |
| Next Low | 0.02674 |
| 2nd Low | 0.02617 |
| 3rd Low | 0.02612 |
0.02777 – 0.02703 – 0.027 – 0.02674 – 0.02675 – 0.02677 —
0.027790000 – 0.028160000 —
68.221248621792 – 76.50677180729 —
– —
0.02777 – 1783000800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – Rising Wedge Chart Pattern – –