ETH/BTC – 1H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 0.039010000 is likely expected.
Caution: A possible change in the direction of the support line at 0.038520000 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a positive 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 | 0.039980000 |
| 2nd High | 0.039720000 |
| Next High | 0.039010000 |
| Current Price | 0.038840000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.037670000 |
0.039010000 – 0.039720000 – 0.039980000 – 0.038520000 – 0.038580000 – 0.038510000 — 48.229134655407 – 49.741130174922
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –