ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline up.
A bullish ascent up to the next resistance at 0.023490000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.022770000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.023950000 |
| 2nd High | 0.023700000 |
| Next High | 0.023490000 |
| Current Price | 0.023130000 |
| Next Low | 0.022770000 |
| 2nd Low | 0.022500000 |
| 3rd Low | 0.022360000 |
0.023490000 – 0.023700000 – 0.023950000 – 0.023270000 – 0.023500000 – 0.023150000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –