ETH/BTC – 1H – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.03225 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.03289 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.03289 |
| Current Price | 0.032140000 |
| Next Low | 0.03225 |
| 2nd Low | 0.03213 |
| 3rd Low | 0.03212 |
0.03289 – 0.03272 – 0.03292 – 0.03225 – 0.03213 – 0.03234 — 39.415688329992 – 34.638842382111 — 21.876189171499 – 13.385694932798 – 24.374527502524 – 19.861891207615
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –