ETH/BTC – 30M – BUY

The ETH/BTC pair on the 30-minute chart has fired a cluster of bullish signals, including a Trendline Break Up, a Symmetrical Triangle breakout, and a BOP Zero Cross Up, alongside STOCH KD and MAMA crossovers. These signals indicate a shift in short-term momentum from bearish to bullish, despite the broader bearish trend across most timeframes. The breakout from the symmetrical triangle suggests a potential continuation higher, with the nearest resistance at 0.02934 and support at 0.02926 providing immediate levels to watch.

However, the bullish signal is counter to the prevailing bearish trend on the 15m through 4h timeframes, which could limit upside. The 8h and 1d timeframes show bullish trends, offering some higher-timeframe support, but the overall trend scores are weak (2/5) except on the daily (3/5). Traders should watch for a hold above the triangle breakout level and a break above the nearest resistance to confirm the bullish move. Failure to hold above support at 0.02926 would invalidate the signal.