ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.028440000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.030430000 |
| Next Low | 0.028440000 |
| 2nd Low | 0.028130000 |
| 3rd Low | 0.026460000 |
0.029370000 – 0.028720000 – 0.026840000 – 0.028440000 – 0.028130000 – 0.026460000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern