ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 0.023340000 is expected.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The 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 | 0.023490000 |
| 2nd High | 0.023370000 |
| Next High | 0.023340000 |
| Current Price | 0.023290000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.023340000 – 0.023300000 – 0.023370000 – 0.023050000 – 0.023050000 – 0.023270000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern