The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.024210000 will persist.
Caution: A possible change in the direction of the support zone at 0.023270000 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.024330000 |
| 2nd High | 0.024310000 |
| Next High | 0.024210000 |
| Current Price | 0.024070000 |
| Next Low | 0.023270000 |
| 2nd Low | 0.023220000 |
| 3rd Low | 0.023050000 |
0.024090000 – 0.023780000 – 0.023370000 – 0.023270000 – 0.023220000 – 0.023050000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Head and Shoulder chart pattern