The pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline down.
A bearish movement downwards to the next support line at 0.03382 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.03452 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candle pattern is existing. The candles show ‘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 | 0.036 |
| 2nd High | 0.0353 |
| Next High | 0.03452 |
| Current Price | 0.034370000 |
| Next Low | 0.03382 |
| 2nd Low | 0.03376 |
| 3rd Low | 0.03353 |
0.03452 – 0.03402 – 0.03405 – 0.03382 – 0.03402 – 0.03376 — 63.240878482305 – 60.735991666888 — 89.306261888777 – 84.088944072836 – 93.661379110003 – 88.966173018603
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom retreat down – –