The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 0.032500000 will persist.
Caution: A possible trend reversal in the direction of the support line at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | |
| 2nd High | |
| Next High | 0.032500000 |
| Current Price | 0.032060000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.032500000 – 0.032120000 – 0.032210000 – 0.031540000 – 0.029940000 – 0.029760000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –