There is also a ‘Double bottom chart pattern’ chart formation is detected. The chart picture shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.
The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
An ascent upwards to the next resistance at 0.030770000 will continue.
Caution: A possible trend reversal in the direction of the support line at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
There is also a ‘RSI cross above 70’ indicator layout is existing. The indicator shows ‘RSI cross above 70’. which could be a positive signal. The pair is likely to go up.
There is also a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going 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 – –