ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards
A bearish descent down to the next support at 0.019540000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.020020000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.021720000 |
| 2nd High | 0.020180000 |
| Next High | 0.020020000 |
| Current Price | 0.019730000 |
| Next Low | 0.019540000 |
| 2nd Low | 0.018940000 |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji