ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.030040000 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.030840000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
Besides a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.032230000 |
| 2nd High | 0.031600000 |
| Next High | 0.030840000 |
| Current Price | 0.030490000 |
| Next Low | 0.030040000 |
| 2nd Low | 0.029940000 |
| 3rd Low | 0.029760000 |
0.030840000 – 0.031600000 – 0.031450000 – 0.030040000 – 0.030690000 – 0.030690000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – –