ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.019070000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.018660000 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.019260000 |
| 2nd High | 0.019160000 |
| Next High | 0.019070000 |
| Current Price | 0.018960000 |
| Next Low | 0.018660000 |
| 2nd Low | 0.018590000 |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji