The pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline upwards
A bullish movement up to the next resistance line at 0.023490000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.022770000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.023950000 |
| 2nd High | 0.023700000 |
| Next High | 0.023490000 |
| Current Price | 0.023150000 |
| Next Low | 0.022770000 |
| 2nd Low | 0.022500000 |
| 3rd Low | 0.022360000 |
0.023490000 – 0.023700000 – 0.023950000 – 0.023270000 – 0.023500000 – 0.023150000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –