Then a ‘Double bottom chart pattern’ chart formation is found. The chart picture forms ‘Double bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to rise.
The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance level at 0.030770000 will persist.
Caution: A possible change in the direction of the support level at is also possible.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘Northern Doji’ candle pattern is existing. The chart shows ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.031740000 |
| 2nd High | 0.030970000 |
| Next High | 0.030770000 |
| Current Price | 0.030870000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.030770000 – 0.030970000 – 0.031740000 – 0.030380000 – 0.029970000 – 0.030460000 — 60.580734579604 – 66.54198264026
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –