ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance at 0.032050000 is likely expected.
Caution: A possible change in the direction of support at 0.031430000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘StochRSI fall below 80’ indicator layout is existing. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair could go down.
Next a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency 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 | 0.032410000 |
| Next High | 0.032050000 |
| Current Price | 0.032440000 |
| Next Low | 0.031430000 |
| 2nd Low | 0.031290000 |
| 3rd Low | 0.029970000 |
0.032050000 – 0.032410000 – 0.030770000 – 0.031430000 – 0.031290000 – 0.029970000 — 70.686397713999 – 72.587001600854
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –