The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
An ascending movement up to the next resistance at 0.040690000 is certain.
Caution: A possible change in the direction of the support line at 0.039620000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041630000 |
| 2nd High | 0.040880000 |
| Next High | 0.040690000 |
| Current Price | 0.040190000 |
| Next Low | 0.039620000 |
| 2nd Low | 0.039280000 |
| 3rd Low | 0.037670000 |
0.040690000 – 0.040410000 – 0.040290000 – 0.039620000 – 0.039280000 – 0.039600000 — 44.64046031284 – 46.165861415225
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –