ETH/BTC – 1H – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.
A bearish movement down to the next support line at 0.024590000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.025770000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The 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 | 0.026180000 |
| 2nd High | 0.025810000 |
| Next High | 0.025770000 |
| Current Price | 0.025400000 |
| Next Low | 0.024590000 |
| 2nd Low | 0.023270000 |
| 3rd Low | 0.023220000 |
0.025770000 – 0.025340000 – 0.024090000 – 0.024590000 – 0.023270000 – 0.023220000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –