ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.035890000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.035160000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘RSI cross above 70’ indicator layout is existing. The indicator shows ‘RSI cross above 70’. which could be a positive signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.037100000 |
| Next High | 0.035890000 |
| Current Price | 0.035540000 |
| Next Low | 0.035160000 |
| 2nd Low | 0.034340000 |
| 3rd Low | 0.033330000 |
0.035890000 – 0.037100000 – 0.036110000 – 0.035160000 – 0.035570000 – 0.034340000 — 42.554740605332 – 47.253265555614
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –