ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.032080000 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.031460000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘RSI cross above 70’ indicator layout is discovered. The indicator is ‘RSI cross above 70’. this is usually a bullish chart signal. The currency pair could go up.
Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern signal. 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 | 0.032220000 |
| 2nd High | 0.032130000 |
| Next High | 0.032080000 |
| Current Price | 0.032130000 |
| Next Low | 0.031460000 |
| 2nd Low | 0.031200000 |
| 3rd Low | 0.031000000 |
0.032080000 – 0.032130000 – 0.031980000 – 0.031460000 – 0.031200000 – 0.031000000 — 67.633464001437 – 70.22216425642
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – –