ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.025310000 is expected.
Caution: A possible counter-trend in the direction of support at 0.024820000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025810000 |
| 2nd High | 0.025770000 |
| Next High | 0.025310000 |
| Current Price | 0.025160000 |
| Next Low | 0.024820000 |
| 2nd Low | 0.024590000 |
| 3rd Low | 0.023270000 |
0.025310000 – 0.025250000 – 0.025770000 – 0.024820000 – 0.024930000 – 0.024590000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern