ETH/BTC – 1H – BUY

The 1H chart for ETH/BTC has fired a dense cluster of bullish signals, including a Trendline Retreat Up, BOP Zero Cross Up, CCI and WILLR exits from oversold, a STOCH KD Cross Up, and a Bullish Harami candlestick pattern. These signals collectively indicate that buying pressure is returning after a short-term pullback, with momentum shifting from bearish to bullish on the intraday timeframe. The confluence of multiple indicator groups—candlestick, trendline, support/resistance, and Fibonacci—strengthens the case for a bounce toward the nearest resistance at 0.02978.

However, the higher timeframe picture is mixed. While the 12H and 1D trends are bullish (with the daily trend rated very strong at 4/5), all timeframes from 15M up to 8H are still bearish, albeit with weakening momentum. This suggests the current bullish signal is a counter-trend move within a larger correction. The key levels to watch are the nearest resistance at 0.02978 and support at 0.02913. A sustained break above resistance could confirm a reversal, while a loss of support would invalidate the bullish setup.