ETH/BTC – 30M – BUY

The ETH/BTC 30-minute chart has fired a dense cluster of bullish signals, including a Trendline Retreat Up, BOP Zero Cross Up, STOCHRSI KD Cross Up, BBANDS MIDDLE Cross Up, EMA 200 Retreat Up, TEMA Retreat Up, HT SINE Cross Up, and a Fibonacci Break UpTrend (0%). This confluence indicates strong buying pressure and a shift in momentum to the upside on the intraday timeframe. The alignment of these signals suggests that the market is attempting to reverse the recent bearish bias on the 1-hour chart, with the 30-minute and 15-minute timeframes also turning bullish, albeit choppy. The higher timeframes (8h, 12h, 1d) are all bullish, with the daily chart showing a very strong trend (4/5), providing a supportive backdrop for the intraday bullish move.

Key levels to watch are the nearest resistance at 0.02975 and support at 0.02942. A break above resistance could open the path toward higher targets, while a failure to hold support would invalidate the bullish setup. The Fibonacci Break UpTrend (0%) suggests the price has broken above the 0% retracement level, adding technical significance. Traders should monitor these levels closely for confirmation or reversal.