ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.019160000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.018660000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.019510000 |
| 2nd High | 0.019260000 |
| Next High | 0.019160000 |
| Current Price | 0.018980000 |
| Next Low | 0.018660000 |
| 2nd Low | 0.018590000 |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji