ETH/BTC – 4H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline up.
A bullish ascent upwards to the next resistance at 0.041500000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.036070000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The 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 | 0.043270000 |
| 2nd High | 0.041630000 |
| Next High | 0.041500000 |
| Current Price | 0.038450000 |
| Next Low | 0.036070000 |
| 2nd Low | 0.034670000 |
| 3rd Low | 0.029970000 |
0.041500000 – 0.041630000 – 0.043270000 – 0.038220000 – 0.038510000 – 0.039280000 — 38.244768170993 – 45.532621524306
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –