The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 0.02812 will continue.
Caution: A possible counter-trend in the direction of support at 0.02674 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.
Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Then a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The 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 | 0.02812 |
| Current Price | 0.027990000 |
| Next Low | 0.02674 |
| 2nd Low | 0.02656 |
| 3rd Low | 0.02652 |
0.02786 – 0.02777 – 0.02703 – 0.02674 – 0.02675 – 0.02677 —
0.027770000 – 0.027870000 —
59.849710556434 – 67.291008734959 —
– —
0.02786 – 1783042200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – Rising Wedge Chart Pattern – –