ETH/BTC – 4H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.041500000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.038220000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ candle pattern is discovered. The candles show ‘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 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 | 0.038720000 |
| Next Low | 0.038220000 |
| 2nd Low | 0.036070000 |
| 3rd Low | 0.034670000 |
0.041500000 – 0.041630000 – 0.043270000 – 0.038220000 – 0.038510000 – 0.039280000 — 45.801625909365 – 49.956592610699
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –