ETH/BTC – 1H – BUY

The 1H ETH/BTC signal fires a dense cluster of bullish indicators — a Bull Pennant, BOP Zero Cross Up, STOCHF KD Cross Up, and multiple retreat-up signals (DEMA, EMA, HT TRENDLINE, MAMA PRICE, MIDPOINT) — all pointing to a short-term upside breakout. The confluence of chart pattern, momentum, and moving-average signals on the 1H timeframe suggests that the immediate bias is to the upside, with the nearest resistance at 0.02974 as the first target and the nearest support at 0.02923 as the invalidation zone. However, the 1H trend itself is bearish and choppy, which introduces a conflicting backdrop for this intraday buy signal.

Across higher timeframes, the picture is mixed but leans bullish on the daily and 12H charts, both showing solid-to-extremely strong bullish trends. The 15M and 30M are also bullish, providing short-term alignment. Yet the 2H, 4H, and 8H are bearish or choppy, which suggests that the immediate bullish signal may be counter-trend on those intermediate frames. Traders should watch whether the price can reclaim and hold above the 1H bearish trendline and the 0.02974 resistance; a failure to do so would likely negate the Bull Pennant and the retreat-up signals, leading to a retest of support at 0.02923.