The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 0.038610000 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.038840000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candle pattern is existing. The chart forms ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039370000 |
| 2nd High | 0.039040000 |
| Next High | 0.038840000 |
| Current Price | 0.038590000 |
| Next Low | 0.038610000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.038420000 |
0.038840000 – 0.038770000 – 0.038730000 – 0.038610000 – 0.038510000 – 0.038420000 — 41.877737090422 – 36.106320420982
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –