The pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.024090000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.023270000 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. 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 | 0.024310000 |
| 2nd High | 0.024210000 |
| Next High | 0.024090000 |
| Current Price | 0.023970000 |
| Next Low | 0.023270000 |
| 2nd Low | 0.023220000 |
| 3rd Low | 0.023050000 |
0.024090000 – 0.023730000 – 0.023780000 – 0.023270000 – 0.023310000 – 0.023220000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Head and Shoulder chart pattern