The combination Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline up.
An ascent up to the next resistance at 0.039270000 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.038000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.
And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
And also a ‘Northern Doji’ candle pattern is existing. The candles form ‘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 | 0.039970000 |
| 2nd High | 0.039720000 |
| Next High | 0.039270000 |
| Current Price | 0.038450000 |
| Next Low | 0.038000000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.039270000 – 0.038820000 – 0.039010000 – 0.038000000 – 0.038380000 – 0.038410000 — 56.61708803711 – 57.620936601466
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –