ETH/BTC – 4H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.023950000 will continue.
Caution: A possible change in the direction of support at should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025810000 |
| 2nd High | 0.025740000 |
| Next High | 0.023950000 |
| Current Price | 0.023320000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.023950000 – 0.023430000 – 0.025740000 – 0.023050000 – 0.021390000 – 0.023470000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –