ETH/BTC – 1H – SELLThe combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards
The bearish trend downwards to the next support line at 0.03236 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.033880000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘%K crosses below %D’ indicator signal is discovered. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.
Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Moreover a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. 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 | |
| 2nd High | 0.03435 |
| Next High | 0.033880000 |
| Current Price | 0.033450000 |
| Next Low | 0.03236 |
| 2nd Low | 0.03224 |
| 3rd Low | 0.03212 |
0.033880000 – 0.0336 – 0.03365 – 0.03236 – 0.03224 – 0.03298 — 56.971462247042 – 49.299752152101 — 16.679009852106 – 14.196907470994 – 14.582912542921 – 15.025023003209
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –