ETH/BTC – 1H – BUY

The bullish signal on ETH/BTC is driven by a confluence of technical factors across multiple groups. The break above a descending channel and a trendline on the 1H timeframe indicates a shift from bearish to bullish momentum. This is supported by a Fibonacci retracement holding at the 50% level, suggesting buyers are stepping in at a key retracement. Additionally, the STC level cross up and the STOCHF KD cross down (which can signal a short-term pullback within an uptrend) add to the bullish case. The presence of a Northern Doji, an Advance Block, and a Bearish Doji Star may indicate some near-term indecision or a potential pause, but the overall trend alignment across multiple timeframes remains bullish.

The trend across timeframes shows strong bullish momentum on the lower timeframes (15m, 30m, 1h) with solid trend scores, while higher timeframes (4h, 8h) are choppy but still bullish. This suggests the bullish move is currently being driven by shorter-term momentum, with the daily timeframe also showing a solid uptrend. Key levels to watch are the nearest resistance at 0.03152 and support at 0.03059. A break above resistance could open the door for further upside, while a loss of support would invalidate the bullish setup.