The pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 0.029970000 will continue.
Caution: A possible change in the direction of resistance at 0.030770000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.031740000 |
| 2nd High | 0.030970000 |
| Next High | 0.030770000 |
| Current Price | 0.030540000 |
| Next Low | 0.029970000 |
| 2nd Low | 0.029950000 |
| 3rd Low | 0.029940000 |
0.030770000 – 0.030970000 – 0.031740000 – 0.029970000 – 0.030460000 – 0.030400000 — 54.926587848819 – 51.898469459492
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –