ETH/BTC – 4H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 0.038660000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.034670000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish 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 | |
| 2nd High | 0.039460000 |
| Next High | 0.038660000 |
| Current Price | 0.038110000 |
| Next Low | 0.034670000 |
| 2nd Low | 0.029970000 |
| 3rd Low | 0.029950000 |
0.038660000 – 0.039460000 – 0.037100000 – 0.034670000 – 0.029970000 – 0.031760000 — 58.430395855902 – 59.075832378784
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –