ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.029950000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.031610000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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 | 0.032500000 |
| 2nd High | 0.032230000 |
| Next High | 0.031610000 |
| Current Price | 0.031330000 |
| Next Low | 0.029950000 |
| 2nd Low | 0.029940000 |
| 3rd Low | 0.029760000 |
0.031610000 – 0.030840000 – 0.031600000 – 0.029950000 – 0.030040000 – 0.030690000 — 64.879456922106 – 56.723302655011
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Inverse Head and Shoulder chart pattern –