ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance at 0.025300000 will continue.
Caution: A possible change in the direction of the support level at 0.024940000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Moreover a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025500000 |
| 2nd High | 0.025310000 |
| Next High | 0.025300000 |
| Current Price | 0.025190000 |
| Next Low | 0.024940000 |
| 2nd Low | 0.024690000 |
| 3rd Low | 0.024590000 |
0.025300000 – 0.025280000 – 0.025310000 – 0.024940000 – 0.024690000 – 0.024810000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –