The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 0.041710000 will persist.
Caution: A possible trend reversal in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘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 | |
| 2nd High | 0.041800000 |
| Next High | 0.041710000 |
| Current Price | 0.041380000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.041710000 – 0.041510000 – 0.041800000 – 0.040500000 – 0.037670000 – 0.037500000 — 45.000617763469 – 47.397721308245
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top chart pattern – –