ETH/BTC – 30M – BUY

The ETH/BTC pair on the 30-minute chart has fired a cluster of bullish signals, including a Trendline Retreat Up, Double Top Retreat Up, Fibonacci Break UpTrend (0%), Bullish Harami Cross, Dragonfly Doji, Hammer, and Support Level Retreat Up. These signals collectively suggest that the recent pullback has found support and that buyers are stepping in, with the pair likely to resume its upward move. The confluence of candlestick reversal patterns and the retreat from key support levels indicate strong buying interest at current levels.

The trend across higher timeframes is supportive of a bullish continuation. While the 15m to 1h timeframes are still bearish and choppy, the 2h to 12h timeframes are bullish and forming a trend, and the daily timeframe shows a solid bullish trend. This suggests that the current bullish signal on the 30m chart is a counter-trend bounce within a larger uptrend, which often leads to strong upward moves. Key levels to watch are the nearest resistance at 0.02958 and support at 0.02943. A break above resistance could open the door for further upside, while a loss of support would invalidate the bullish setup.