ETH/BTC – 4H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.03365 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.03212 could happen.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 0.03442 |
| 2nd High | 0.03435 |
| Next High | 0.03365 |
| Current Price | 0.033290000 |
| Next Low | 0.03212 |
| 2nd Low | 0.03201 |
| 3rd Low | 0.0309 |
0.03365 – 0.03435 – 0.03442 – 0.03212 – 0.03312 – 0.03201 — 46.137895431279 – 52.118786172864 — 29.559575187403 – 37.413394919169 – 54.911554658903 – 39.312717138777
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up – –