And also a ‘Head and Shoulder chart pattern’ chart layout is found. The chart picture forms ‘Head and Shoulder chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at is expected.
Caution: A possible change in the direction of the support zone at 0.032010000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
And also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish signal. The 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 | |
| 2nd High | |
| Next High | |
| Current Price | 0.032560000 |
| Next Low | 0.032010000 |
| 2nd Low | 0.031830000 |
| 3rd Low | 0.031460000 |
0.032460000 – 0.032490000 – 0.032250000 – 0.032010000 – 0.031830000 – 0.031460000 — 62.923928865678 – 64.191578395902
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Head and Shoulder chart pattern –