ETH/BTC – 30M – BUYAdditionally a ‘Inverse Head and Shoulder chart pattern’ chart formation is existing. The chart picture shows ‘Inverse Head and Shoulder chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.032525 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.032890000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern 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 | 0.03306 |
| 2nd High | 0.03292 |
| Next High | 0.032890000 |
| Current Price | 0.032720000 |
| Next Low | 0.03244 |
| 2nd Low | 0.03235 |
| 3rd Low | 0.03225 |
0.032890000 – 0.03257 – 0.03272 – 0.03244 – 0.03235 – 0.03225 — 58.747900484028 – 55.789695742963 — 41.933669975037 – 39.895033679084 – 29.989529862514 – 36.091337693924
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Inverse Head and Shoulder chart pattern – –