The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline upwards
An ascent up to the next resistance at 0.039990000 is certain.
Caution: A possible change in the direction of the support line at 0.038510000 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.040970000 |
| Next High | 0.039990000 |
| Current Price | 0.039080000 |
| Next Low | 0.038510000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.039990000 – 0.040970000 – 0.041500000 – 0.038510000 – 0.039150000 – 0.040460000 — 47.27075203833 – 54.440586884665
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –