BITCOIN ON THE ETHEREUM BLOCKCHAIN :
http://btcrelay.orgBTC Relay allows Ethereum developers to interact with the Bitcoin blockchain and verify Bitcoin transactions. Relayers who submit blocks to support the Relay can earn Ether.BTC Relay is an Ethereum contract that stores Bitcoin blockheaders. BTC Relay uses these blockheaders to build a mini-version of the Bitcoin blockchain: a method used by Bitcoin SPV light wallets.
BTC Relay is open-source, trustless, autonomous and decentralized: it is on the blockchain for all to use and not controlled by anyone.If the current levels are able to keep gains in check, ethereum price could retreat to the broken triangle resistance at 0.0025 for a quick retest. If this holds as support, price could move back up to its highs at 0.0030 and beyond.
Stochastic has just reached the overbought zone, indicating that the rally is already exhausted. RSI also checked in the overbought region and is starting to head down, signaling that bulls might need to take a break from here.
In addition, the latest candle right on the 0.0030 resistance appears to be a doji, hinting at a potential short-term reversal from the breakout if the next candle closes below its low. If the succeeding candle closes above the high or the 0.0030 level, it signals that bulls are refusing to let up and that another leg higher could be seen.

In addition, the 100 SMA is still below the 200 SMA right now, which means that bullish momentum might not be as strong yet. An upward crossover might be needed to confirm that ethereum price could sustain its climb. In this scenario, the nearby resistance levels are located at 0.0033 and 0.0040.