The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 0.025150000 will continue.
Caution: A possible counter-trend in the direction of the support level at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. 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 | 0.025500000 |
| 2nd High | 0.025250000 |
| Next High | 0.025150000 |
| Current Price | 0.025110000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.025150000 – 0.025250000 – 0.025500000 – 0.024820000 – 0.025020000 – 0.024930000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –