ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.039190000 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.037290000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The 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 | 0.039460000 |
| Next High | 0.039190000 |
| Current Price | 0.037840000 |
| Next Low | 0.037290000 |
| 2nd Low | 0.034670000 |
| 3rd Low | 0.031430000 |
0.039190000 – 0.039460000 – 0.039250000 – 0.037290000 – 0.037390000 – 0.037700000 — 50.897915349581 – 55.085504974309
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –