The pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
A bearish movement downwards to the next support at 0.031460000 is certain.
Caution: A possible change in the direction of the resistance line at 0.032500000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘RSI fall below 70’ indicator layout is existing. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.
Furthermore a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.032500000 |
| Current Price | 0.032310000 |
| Next Low | 0.031460000 |
| 2nd Low | 0.031200000 |
| 3rd Low | 0.031000000 |
0.032250000 – 0.032080000 – 0.032130000 – 0.031460000 – 0.031200000 – 0.031000000 — 70.588693504325 – 63.908541019992
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – –