The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline upwards
A bullish ascent up to the next resistance line at 0.025620000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025810000 |
| 2nd High | 0.025770000 |
| Next High | 0.025620000 |
| Current Price | 0.025160000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.025620000 – 0.025770000 – 0.025180000 – 0.025170000 – 0.025220000 – 0.024590000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –