ETH/BTC – 4H – BUYThere is also a ‘Double bottom chart pattern’ chart pattern is found. The chart forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 0.03365 is certain.
Caution: A possible trend reversal in the direction of the support level at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
There is also a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 0.033770000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03365 – 0.03435 – 0.03442 – 0.03224 – 0.03212 – 0.03312 — 53.997494453918 – 58.407782524251 — 88.529198404062 – 92.550779833152 – 79.697890218837 – 88.291167936162
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –