ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.032500000 is expected.
Caution: A possible change in the direction of the support zone at 0.031460000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Furthermore a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | |
| 2nd High | |
| Next High | 0.032500000 |
| Current Price | 0.032320000 |
| Next Low | 0.031460000 |
| 2nd Low | 0.031200000 |
| 3rd Low | 0.029950000 |
0.032130000 – 0.032220000 – 0.031610000 – 0.031460000 – 0.031200000 – 0.029950000 — 57.827767346287 – 61.388148874115
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – –