The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.0346 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.03372 could happen.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03546 |
| 2nd High | 0.03538 |
| Next High | 0.0346 |
| Current Price | 0.034400000 |
| Next Low | 0.03372 |
| 2nd Low | 0.0326 |
| 3rd Low | 0.03218 |
0.0346 – 0.0345 – 0.03457 – 0.03372 – 0.03406 – 0.03411 — 60.643301649928 – 63.818910017396 — 100 – 100 – 100 – 100
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –