ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline upwards
An ascent upwards to the next resistance line at 0.025280000 is likely expected.
Caution: A possible change in the direction of the support level at 0.024590000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. this 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025500000 |
| 2nd High | 0.025310000 |
| Next High | 0.025280000 |
| Current Price | 0.024920000 |
| Next Low | 0.024590000 |
| 2nd Low | 0.023900000 |
| 3rd Low | 0.023270000 |
0.025280000 – 0.025310000 – 0.025150000 – 0.024810000 – 0.025010000 – 0.024820000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern