The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 0.030970000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.029970000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032690000 |
| 2nd High | 0.031740000 |
| Next High | 0.030970000 |
| Current Price | 0.030420000 |
| Next Low | 0.029970000 |
| 2nd Low | 0.029950000 |
| 3rd Low | 0.029940000 |
0.030970000 – 0.031740000 – 0.032690000 – 0.029970000 – 0.030460000 – 0.030400000 — 53.163593175124 – 54.30875167712
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – –