ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.032500000 will continue.
Caution: A possible trend reversal in the direction of support at 0.030690000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
And also a ‘Northern Doji’ candle pattern is discovered. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.032500000 |
| Current Price | 0.031030000 |
| Next Low | 0.030690000 |
| 2nd Low | 0.029760000 |
| 3rd Low | 0.024690000 |
0.032500000 – 0.032210000 – 0.030810000 – 0.030690000 – 0.029760000 – 0.024690000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Double bottom retreat down