ETH/BTC – 1H – BUYAlso there is a ‘Triple bottom chart pattern’ chart formation is detected. The formation shows ‘Triple bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.
The pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 0.039140000 will persist.
Caution: A possible change in the direction of the support zone at 0.038520000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039720000 |
| 2nd High | 0.039270000 |
| Next High | 0.039140000 |
| Current Price | 0.039620000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038000000 |
| 3rd Low | 0.037670000 |
0.039140000 – 0.039270000 – 0.038820000 – 0.038520000 – 0.038000000 – 0.038410000 — 72.455908915427 – 77.071041937802
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –