The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 0.032410000 is expected.
Caution: A possible change in the direction of the support line at 0.031290000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Furthermore a ‘Northern Doji’ candle pattern is discovered. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.033020000 |
| 2nd High | 0.032690000 |
| Next High | 0.032410000 |
| Current Price | 0.031880000 |
| Next Low | 0.031290000 |
| 2nd Low | 0.030380000 |
| 3rd Low | 0.029970000 |
0.031730000 – 0.032410000 – 0.031140000 – 0.031290000 – 0.031640000 – 0.030380000 — 59.924931193087 – 61.313590146432
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –