The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.02859 will persist.
Caution: A possible trend reversal in the direction of support at 0.02801 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.02843806 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.02859 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.02866 |
| 2nd High | 0.02864 |
| Next High | 0.02859 |
| Current Price | 0.028280000 |
| Next Low | 0.02801 |
| 2nd Low | 0.02794 |
| 3rd Low | 0.02788 |
0.02859 – 0.02822 – 0.02821 – 0.02801 – 0.02804 – 0.02794 —
0.028130000 – 0.028220000 —
44.214654243943 – 62.698185661479 —
– —
0.02859 – 1783177200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers – – –