ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.031450000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.030690000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032500000 |
| 2nd High | 0.032230000 |
| Next High | 0.031450000 |
| Current Price | 0.030970000 |
| Next Low | 0.030690000 |
| 2nd Low | 0.029940000 |
| 3rd Low | 0.029760000 |
0.031450000 – 0.032230000 – 0.032500000 – 0.030690000 – 0.031790000 – 0.031540000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern