ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at 0.025070000 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.024820000 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.025070000 |
| Current Price | 0.025040000 |
| Next Low | 0.024820000 |
| 2nd Low | 0.024590000 |
| 3rd Low | 0.023900000 |
0.025070000 – 0.025250000 – 0.025500000 – 0.024820000 – 0.025020000 – 0.024930000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –