ETH/BTC – 1H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.040280000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.038930000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which 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 | 0.041100000 |
| 2nd High | 0.040440000 |
| Next High | 0.040280000 |
| Current Price | 0.039070000 |
| Next Low | 0.038930000 |
| 2nd Low | 0.038520000 |
| 3rd Low | 0.038000000 |
0.040280000 – 0.040440000 – 0.041100000 – 0.038930000 – 0.039700000 – 0.039980000 — 32.569731361099 – 37.958889549096
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –