ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 0.023370000 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.023250000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
In addition a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.023700000 |
| 2nd High | 0.023490000 |
| Next High | 0.023370000 |
| Current Price | 0.023290000 |
| Next Low | 0.023250000 |
| 2nd Low | 0.023050000 |
| 3rd Low | 0.022770000 |
0.023370000 – 0.023490000 – 0.023700000 – 0.023250000 – 0.023050000 – 0.023270000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –