ETH/BTC – 1H – BUYAnd also a ‘Triple bottom chart pattern’ chart formation is found. The formation shows ‘Triple bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.
The combination Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.039140000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.038520000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern 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 | 0.039720000 |
| 2nd High | 0.039270000 |
| Next High | 0.039140000 |
| Current Price | 0.039620000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038000000 |
| 3rd Low | 0.037670000 |
0.039140000 – 0.039270000 – 0.038820000 – 0.038520000 – 0.038000000 – 0.038410000 — 72.455908915427 – 77.071041937802
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –