ETH/BTC – 2H – BUY

The ETH/BTC 2H chart has fired a cluster of bullish signals, including a Trendline Break Up, Fibonacci Break UpTrend, and multiple zero-cross and retreat signals from BOP, CCI, STOCHF, EMA, KAMA, and SMA 50. This confluence indicates strong buying pressure and a shift in momentum. The breakout above the trendline and Fibonacci retracement level suggests that the recent correction may be over, with buyers stepping in to push price higher. The BOP zero cross up confirms that buying volume is now dominating, while the CCI and STOCHF cross ups add to the bullish momentum picture. The retreat signals from the EMAs and SMAs suggest that price is pulling back to key moving averages and bouncing, which is a classic continuation pattern in an uptrend.

Across timeframes, the trend is consistently bullish, though the higher timeframes show a more solid trend (1D at 3/5) while the lower timeframes are still forming (15m, 8h, 12h at 2/5) or choppy (30m-4h at 1/5). This suggests that the overall trend is intact but may need consolidation before a sustained move. The nearest resistance at 0.02991 is the immediate upside target, and a break above that could open the door for further gains. On the downside, the nearest support at 0.02921 is a critical level to watch; a break below that would invalidate the bullish setup.