ETH/BTC – 1H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.025410000 is certain.
Caution: A possible trend reversal in the direction of support at 0.023470000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.026180000 |
| 2nd High | 0.025810000 |
| Next High | 0.025410000 |
| Current Price | 0.025200000 |
| Next Low | 0.023470000 |
| 2nd Low | 0.023090000 |
| 3rd Low | 0.022470000 |
0.024720000 – 0.023950000 – 0.024010000 – 0.023470000 – 0.023650000 – 0.023630000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji