ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.03388 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.03313 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03442 |
| 2nd High | 0.03435 |
| Next High | 0.03388 |
| Current Price | 0.033850000 |
| Next Low | 0.03313 |
| 2nd Low | 0.0326 |
| 3rd Low | 0.03236 |
0.03372 – 0.03388 – 0.0336 – 0.03313 – 0.0332 – 0.0326 — 57.188511987221 – 61.604637019363 — 81.627326808674 – 78.18369774216 – 90.132867409846 – 83.361388234359
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –