ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 0.023370000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at is also possible.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.
And also a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.023700000 |
| 2nd High | 0.023490000 |
| Next High | 0.023370000 |
| Current Price | 0.023280000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.023370000 – 0.023490000 – 0.023700000 – 0.023050000 – 0.023270000 – 0.023500000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –