ETH/BTC – 30M – BUY

The ETH/BTC pair on the 30-minute timeframe has fired a cluster of bullish signals, including a Trendline Break Down, Double Top, and Triple Top, along with multiple momentum oscillators (BOP, MACD, MOM, ROC, ROCR) crossing above zero. These signals collectively suggest that the recent bearish pressure has reversed and buyers are stepping in. The confluence of chart patterns and indicator confirmations points to a potential shift in sentiment, with the nearest resistance at 0.02975 and support at 0.02950 acting as key reference points.

Across higher timeframes, the trend is uniformly bullish, though the strength is weak on the 15m to 8h charts (choppy/sideways with a 1/5 strength score), while the 12h shows a trend forming (2/5) and the daily chart displays a very strong trend (4/5). This alignment suggests that the short-term bullish signals are in harmony with the longer-term upward bias, increasing the probability of a continued move higher. However, the choppy nature of the lower timeframes indicates that the move may not be smooth, and traders should watch for a break above resistance to confirm the bullish momentum.