The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.040880000 is expected.
Caution: A possible trend reversal in the direction of support at 0.039910000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
There is also a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive 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 | 0.041860000 |
| 2nd High | 0.041630000 |
| Next High | 0.040880000 |
| Current Price | 0.040750000 |
| Next Low | 0.039910000 |
| 2nd Low | 0.039620000 |
| 3rd Low | 0.039280000 |
0.040690000 – 0.040410000 – 0.040290000 – 0.039910000 – 0.039620000 – 0.039280000 — 67.9761636132 – 68.706011860081
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –