ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
An ascent upwards to the next resistance level at 0.025500000 is expected.
Caution: A possible change in the direction of the support zone at 0.024930000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025770000 |
| 2nd High | 0.025620000 |
| Next High | 0.025500000 |
| Current Price | 0.025050000 |
| Next Low | 0.024930000 |
| 2nd Low | 0.024590000 |
| 3rd Low | 0.023900000 |
0.025500000 – 0.025620000 – 0.025770000 – 0.025020000 – 0.024930000 – 0.025170000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –