ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascent up to the next resistance level at 0.038840000 is expected.
Caution: A possible change in the direction of the support level at 0.038610000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading 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 | 0.038620000 |
| Next Low | 0.038610000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.038420000 |
0.038840000 – 0.038770000 – 0.038730000 – 0.038610000 – 0.038510000 – 0.038420000 — 38.600019799119 – 43.293993947977
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up – –