The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline downwards
The bearish trend downwards to the next support at 0.039910000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.041630000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.043270000 |
| 2nd High | 0.041860000 |
| Next High | 0.041630000 |
| Current Price | 0.040920000 |
| Next Low | 0.039910000 |
| 2nd Low | 0.039620000 |
| 3rd Low | 0.039280000 |
0.040690000 – 0.040410000 – 0.040290000 – 0.039910000 – 0.039620000 – 0.039280000 — 68.814367631446 – 64.327165898023
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –