The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline up.
A bullish movement up to the next resistance line at 0.041500000 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.038510000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.043270000 |
| 2nd High | 0.041630000 |
| Next High | 0.041500000 |
| Current Price | 0.038920000 |
| Next Low | 0.038510000 |
| 2nd Low | 0.036070000 |
| 3rd Low | 0.034670000 |
0.041500000 – 0.041630000 – 0.043270000 – 0.038510000 – 0.039280000 – 0.039580000 — 41.619302661516 – 43.303074814634
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –