ETH/BTC – 30M – BUY

The ETH/BTC pair on the 30-minute chart has fired a cluster of bullish signals, including a Golden Cross on the 20/50 EMAs, a BOP Zero Cross Up, and a breakout above the upper Bollinger Band. This is supported by a strong DX trend reading and retreats on DEMA and EMA, indicating robust upward momentum. The 15m and 30m timeframes are bullish, with the 1h showing a forming trend, while the daily timeframe confirms a solid uptrend. However, the 2h to 12h timeframes are still bearish, suggesting that the higher-timeframe trend is not yet aligned, which could limit the sustainability of this move.

Key levels to watch are the nearest resistance at 0.02972 and support at 0.02948. A break above resistance could extend the rally, while a loss of support would invalidate the bullish setup. The confluence of multiple indicators on the lower timeframes, combined with the strong daily trend, supports the bullish case, but traders should be cautious of the conflicting higher-timeframe bearish trends, which may cap upside or trigger a reversal.