ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline up.
A bullish trend upwards to the next resistance line at 0.040880000 will persist.
Caution: A possible trend reversal in the direction of support at 0.039580000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041860000 |
| 2nd High | 0.041630000 |
| Next High | 0.040880000 |
| Current Price | 0.039840000 |
| Next Low | 0.039580000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.040880000 – 0.041630000 – 0.041620000 – 0.040360000 – 0.040280000 – 0.040860000 — 35.548605165972 – 35.548605165972
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up – –