The combination Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.03361 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
Next a ‘Northern Doji’ candlestick pattern is found. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03435 |
| 2nd High | 0.03393 |
| Next High | 0.03361 |
| Current Price | 0.033290000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03361 – 0.03291 – 0.03279 – 0.03299 – 0.03209 – 0.03217 — 49.927273076501 – 52.469887492687 — 58.09266718085 – 41.658616171104 – 72.985402919416 – 57.007105019966
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –