There is also a ‘Head and Shoulder chart pattern’ chart layout is existing. The chart picture shows ‘Head and Shoulder chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.032010000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive 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 | |
| 2nd High | |
| Next High | |
| Current Price | 0.032560000 |
| Next Low | 0.032010000 |
| 2nd Low | 0.031830000 |
| 3rd Low | 0.031460000 |
0.032460000 – 0.032490000 – 0.032250000 – 0.032010000 – 0.031830000 – 0.031460000 — 62.923928865678 – 64.191578395902
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Head and Shoulder chart pattern –