ETH/BTC – 30M – BUY

The ETH/BTC pair has fired a dense cluster of bullish signals on the 30-minute timeframe, led by a Trendline Break Up and a Bull Pennant. The pennant, a classic continuation pattern, is being confirmed by a wave of momentum and trend-following indicators: BOP Zero Cross Up signals buying pressure, while DEMA, EMA, MAMA PRICE, MIDPOINT, and MIDPRICE all show retreats up, meaning price pulled back to these dynamic levels and bounced. The sheer number of signals (11 total) across chart pattern, trendline, and indicator groups points to strong confluence and a very strong signal strength.

Across timeframes, the bullish case is broadly supported. The 15m, 30m, 12h, and 1d timeframes all show solid bullish trends, while the 1h and 8h are forming. The only weak spots are the 2h and 4h, which are bullish but choppy/sideways—this suggests the immediate momentum is strong, but the medium-term picture lacks a clean trend. The nearest support sits at 0.03129; a break below that would invalidate the bullish setup. With resistance levels not defined, the focus is on whether the breakout can sustain above the pennant's upper boundary and push toward new highs in the prevailing uptrend.