ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline down.
A bearish descent down to the next support line at 0.028440000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at could occur.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.030150000 |
| Next Low | 0.028440000 |
| 2nd Low | 0.028130000 |
| 3rd Low | 0.026460000 |
0.029370000 – 0.028720000 – 0.026840000 – 0.028440000 – 0.028130000 – 0.026460000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –