ETH/BTC – 30M – BUY

The ETH/BTC 30-minute chart has fired a cluster of bullish signals, including a Trendline Break Down, Bullish Engulfing, and a Support Level Retreat Up, alongside momentum indicators turning up (STOCH KD Cross Up, WILLR OS Exit, BOP Zero Cross Up). The ADX Trend Strong suggests the prevailing 30-minute downtrend may be losing steam, while the Fibonacci Break DownTrend (24%) and the trendline break indicate a potential reversal from the recent decline. These signals collectively point to a short-term bounce from the support area near 0.03098, with the nearest resistance at 0.03150.

Across timeframes, the picture is mixed but supportive for a tactical long. The 15m and 30m are bearish, but the higher timeframes (8h, 12h, 1d) are bullish with solid trends, suggesting the larger uptrend remains intact. The 1h and 2h are also bearish but with weaker trend scores, implying the bearish pressure may be fading. The confluence of a support retreat and bullish candlestick pattern at a key level, along with momentum turning up, suggests a potential bounce toward resistance. Traders should watch for a close above 0.03150 to confirm further upside, while a break below 0.03098 would invalidate the bullish setup.