ETH/BTC – 4H – BUYAlso there is a ‘Double bottom chart pattern’ chart pattern is detected. The chart shows ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 0.03365 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. 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 | 0.03442 |
| 2nd High | 0.03435 |
| Next High | 0.03365 |
| Current Price | 0.033740000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03365 – 0.03435 – 0.03442 – 0.03224 – 0.03212 – 0.03312 — 54.906168922574 – 57.284189844917 — 76.777840587903 – 80.069719238741 – 83.8029483431 – 80.173355944978
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –