ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline downwards
A continuation of the downward movement down to the next support level at 0.0326 is certain.
Caution: A possible change in the direction of the resistance line at 0.03359 could occur.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
Then a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 0.03435 |
| 2nd High | 0.03365 |
| Next High | 0.03359 |
| Current Price | 0.033410000 |
| Next Low | 0.0326 |
| 2nd Low | 0.03236 |
| 3rd Low | 0.0323 |
0.03359 – 0.03365 – 0.03355 – 0.0326 – 0.03236 – 0.0323 — 59.224326356559 – 55.363732231809 — 44.400398606047 – 27.477994214403 – 49.462346454258 – 40.992689017992
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom retreat down – –