ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.023050000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.023300000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
Then a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.023490000 |
| 2nd High | 0.023370000 |
| Next High | 0.023300000 |
| Current Price | 0.023240000 |
| Next Low | 0.023050000 |
| 2nd Low | 0.022770000 |
| 3rd Low | 0.022500000 |
0.023300000 – 0.023370000 – 0.023490000 – 0.023050000 – 0.023050000 – 0.023270000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –