ETH/BTC – 30M – BUY

The ETH/BTC 30-minute chart has fired a bullish signal cluster, including an ADX Trend Weak reading, a STOCH KD Cross Up, a HT PHASOR Inphase Cross Up, and a Fibonacci Retreat UpTrend at the 79% level. The confluence of these indicators suggests that the recent pullback may be losing momentum and that buyers are stepping in near a key Fibonacci retracement zone. However, the immediate trend context is mixed: the 15-minute through 1-hour timeframes are bearish and choppy, while the 2-hour and higher timeframes are bullish, with the daily chart showing a very strong uptrend. This alignment implies that the longer-term bullish bias remains intact, and the current signal may represent an early reversal attempt within a broader uptrend.

Traders should watch the nearest resistance at 0.02986 and support at 0.02944. A break above resistance would confirm the bullish reversal and open the path toward higher levels, while a loss of support would invalidate the signal and suggest further downside. Given the strong trend scores on higher timeframes, the probability of a bounce is elevated, but the choppy lower-timeframe conditions warrant caution. The Fibonacci level at 79% retreat adds confluence, as it often marks a significant pullback point in an uptrend.