The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 0.039270000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.038000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.039970000 |
| 2nd High | 0.039720000 |
| Next High | 0.039270000 |
| Current Price | 0.038910000 |
| Next Low | 0.038000000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.039270000 – 0.038820000 – 0.039010000 – 0.038000000 – 0.038380000 – 0.038410000 — 73.086671764086 – 75.292877109085
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom retreat down – –