ETH/BTC – 30M – BUY

The ETH/BTC pair on the 30-minute chart has triggered a confluence of bullish signals, including a strong ADX trend, a BOP zero cross up, RSI and Williams %R exits from oversold conditions, a stochastic cross up, and a bullish Harami candlestick pattern. These signals collectively suggest that the short-term bearish momentum is fading and a reversal to the upside is likely. The Fibonacci retracement at the 79% level indicates that the pullback has reached a key support zone, which aligns with the nearest support at 0.02923. The HT Phasor in-phase cross up adds a cyclical component, suggesting a potential shift in the dominant cycle.

Despite the bearish trend across most lower timeframes (15m to 8h), the higher timeframes (12h and 1d) are bullish, with the daily trend extremely strong. This divergence suggests that the current pullback is likely a correction within a larger uptrend, and the bullish signals on the 30m chart may mark the start of the next leg up. The nearest resistance at 0.02965 is the immediate target, and a break above could confirm the reversal. However, the bearish alignment on the lower timeframes warrants caution, as the trend may need time to turn.