ETH/BTC – 30M – BUY

The ETH/BTC 30-minute chart has fired a cluster of bullish signals, including a Rising Wedge, BOP Zero Cross Up, STOCHF KD Cross Up, WILLR OS Exit, TEMA Retreat Up, HT PHASOR Inphase Cross Down, AO Saucer Bullish, and RSX OS Entry. These signals collectively suggest that short-term selling pressure is exhausting and a bounce is developing from oversold conditions. The convergence of momentum oscillators (STOCHF, WILLR, RSX) and volume-based confirmation (BOP) points to a shift in intraday sentiment, though the moderate strength and 73% probability indicate a tactical long rather than a high-conviction reversal.

Trend alignment is mixed: lower timeframes (15m, 30m) remain bearish, while higher timeframes (4h, 8h, 12h, 1d) are bullish. This suggests the immediate downtrend may be a pullback within a larger bullish structure. The nearest support at 0.03119 is the key level to hold; a break below would invalidate the bullish setup. Resistance at 0.03152 is the first target, and a close above it could shift the 30m trend to bullish. Traders should watch for confirmation on the 1h timeframe, which is currently choppy and could cap upside momentum. The Rising Wedge pattern adds a cautionary note, as it often resolves bearishly, so the bounce may be limited unless higher timeframe buyers step in.