The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 0.03359 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.0326 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ chart pattern is existing. The chart forms ‘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 | 0.03435 |
| 2nd High | 0.03365 |
| Next High | 0.03359 |
| Current Price | 0.033510000 |
| Next Low | 0.0326 |
| 2nd Low | 0.03236 |
| 3rd Low | 0.0323 |
0.03359 – 0.03365 – 0.03355 – 0.0326 – 0.03236 – 0.0323 — 59.659554306418 – 60.528515617433 — 68.957403993432 – 53.421216043451 – 79.96663911195 – 66.516692923808
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –