ETH/BTC – 1H – BUY

The 1H chart for ETH/BTC has triggered a cluster of bullish signals, including a Trendline Break Down (which, in this context, indicates a break of a downward trendline, often a bullish reversal signal), Double Top Retreat Up, Triple Top Retreat Up, and a Symmetrical Triangle. These pattern-based signals are complemented by momentum indicators: BOP Zero Cross Up, CCI OS Exit, and STOCH KD Cross Up, along with an EMA 200 Retreat Up. The confluence of these signals suggests that buyers are stepping in after a period of downside pressure, with the price likely to challenge nearby resistance. However, the higher timeframe trend is mixed: the 1H through 4H timeframes are bearish and choppy, while the 8H, 12H, and 1D timeframes are bullish, with the daily trend very strong. This alignment suggests that the immediate bearish momentum may be fading, and the longer-term bullish bias could support a bounce. Key levels to watch are resistance at 0.02996 and support at 0.02948. A sustained move above resistance would confirm the bullish reversal, while a break below support would invalidate the signal.