ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline down.
The bearish trend downwards to the next support line at 0.023270000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.024090000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.024310000 |
| 2nd High | 0.024210000 |
| Next High | 0.024090000 |
| Current Price | 0.024160000 |
| Next Low | 0.023270000 |
| 2nd Low | 0.023220000 |
| 3rd Low | 0.023050000 |
0.024090000 – 0.023730000 – 0.023780000 – 0.023270000 – 0.023310000 – 0.023220000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –