The combination Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline upwards
A continuation of the upward movement up to the next resistance at will persist.
Caution: A possible reversal of the trend in the direction of the support line at 0.029970000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. which is often a bullish signal. The currency pair could go up.
There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.0371 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive 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 | |
| 2nd High | |
| Next High | |
| Current Price | 0.037570000 |
| Next Low | 0.029970000 |
| 2nd Low | 0.029950000 |
| 3rd Low | 0.024690000 |
0.037100000 – 0.032410000 – 0.032690000 – 0.029970000 – 0.031760000 – 0.029950000 — 70.633288645806 – 72.214236847517
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –