The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.03489 is certain.
Caution: A possible trend reversal in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.
In addition a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03524 |
| 2nd High | 0.03515 |
| Next High | 0.03489 |
| Current Price | 0.034600000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03489 – 0.03515 – 0.03419 – 0.034420000 – 0.03388 – 0.03395 — 45.765489412182 – 47.574941689562 — 53.492861305361 – 57.805215617716 – 55.454788267288 – 54.25590034965
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –