The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 0.039720000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.038580000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039980000 |
| 2nd High | 0.039970000 |
| Next High | 0.039720000 |
| Current Price | 0.039020000 |
| Next Low | 0.038580000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.037670000 |
0.039720000 – 0.039970000 – 0.039980000 – 0.038580000 – 0.038810000 – 0.039430000 — 53.373573883876 – 54.394996270051
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –