The combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.041500000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency 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 | 0.043270000 |
| 2nd High | 0.041630000 |
| Next High | 0.041500000 |
| Current Price | 0.038220000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.041500000 – 0.041630000 – 0.043270000 – 0.038220000 – 0.038510000 – 0.039280000 — 48.490789896598 – 38.33246319586
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –