ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline downwards
A bearish movement downwards to the next support at 0.03249 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.03289 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 0.03306 |
| 2nd High | 0.03292 |
| Next High | 0.03289 |
| Current Price | 0.032420000 |
| Next Low | 0.03249 |
| 2nd Low | 0.03244 |
| 3rd Low | 0.03235 |
0.03289 – 0.03257 – 0.03272 – 0.03249 – 0.03244 – 0.03235 — 46.30739933927 – 37.574918429385 — 12.123114383001 – 12.123114383001 – 16.152625110609 – 9.9400014165884
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom retreat down – –