The pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.032690000 will persist.
Caution: A possible change in the direction of the support line at 0.031760000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. which is often a bearish chart signal. The currency pair could go down.
And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.032225 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.032690000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.033020000 |
| Next High | 0.032690000 |
| Current Price | 0.032060000 |
| Next Low | 0.031760000 |
| 2nd Low | 0.031460000 |
| 3rd Low | 0.031200000 |
0.032690000 – 0.032410000 – 0.032390000 – 0.031760000 – 0.031850000 – 0.031760000 — 37.678365000754 – 40.630069087221
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – –