The pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.02821 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.02674 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0285 |
| 2nd High | 0.02837 |
| Next High | 0.02821 |
| Current Price | 0.028140000 |
| Next Low | 0.02674 |
| 2nd Low | 0.02656 |
| 3rd Low | 0.02652 |
0.02821 – 0.02786 – 0.02777 – 0.02674 – 0.02675 – 0.02677 —
0.027960000 – 0.028130000 —
52.068129725635 – 62.017557780851 —
– —
0.02821 – 1783074600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Rising Wedge Chart Pattern – –