In addition a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards
A descending movement down to the next support level at 0.031200000 will persist.
Caution: A possible change in the direction of the resistance line at 0.032130000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032230000 |
| 2nd High | 0.032220000 |
| Next High | 0.032130000 |
| Current Price | 0.031710000 |
| Next Low | 0.031200000 |
| 2nd Low | 0.031000000 |
| 3rd Low | 0.029950000 |
0.032130000 – 0.031980000 – 0.032220000 – 0.031200000 – 0.031000000 – 0.029950000 — 44.609242489655 – 42.494657312304
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern –