ETH/BTC – 1H – SELLThe combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.
The bearish trend down to the next support level at 0.03299 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.03361 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. 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 | 0.033710000 |
| Next Low | 0.03299 |
| 2nd Low | 0.03209 |
| 3rd Low | 0.03201 |
0.03361 – 0.03291 – 0.03289 – 0.03299 – 0.03209 – 0.03225 — 61.399027243269 – 58.661351924554 — 71.580911137127 – 53.573361346658 – 84.206292235109 – 69.945147795311
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern – –