ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at is likely expected.
Caution: A possible change in the direction of the support level at 0.026460000 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.027320000 |
| Next Low | 0.026460000 |
| 2nd Low | 0.024940000 |
| 3rd Low | 0.024690000 |
0.026840000 – 0.026740000 – 0.025570000 – 0.026460000 – 0.024940000 – 0.024690000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern