ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish movement up to the next resistance at 0.038750000 will continue.
Caution: A possible trend reversal in the direction of support at 0.038500000 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish signal. The 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 | 0.039010000 |
| 2nd High | 0.038920000 |
| Next High | 0.038750000 |
| Current Price | 0.038670000 |
| Next Low | 0.038500000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.038750000 – 0.038920000 – 0.039010000 – 0.038500000 – 0.038520000 – 0.038580000 — 48.777432451688 – 53.834973846693
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –