ETH/BTC – 30M – SELLThere is also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline down.
A descent down to the next support at 0.025010000 is expected.
Caution: A possible change in the direction of the resistance zone at 0.025310000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.025620000 |
| 2nd High | 0.025500000 |
| Next High | 0.025310000 |
| Current Price | 0.025080000 |
| Next Low | 0.025010000 |
| 2nd Low | 0.024820000 |
| 3rd Low | 0.024590000 |
0.025310000 – 0.025150000 – 0.025250000 – 0.025010000 – 0.024820000 – 0.025020000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern