The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 0.039720000 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 0.038520000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish 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 | 0.039980000 |
| 2nd High | 0.039970000 |
| Next High | 0.039720000 |
| Current Price | 0.039940000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038380000 |
| 3rd Low | 0.038000000 |
0.039470000 – 0.039140000 – 0.039270000 – 0.038520000 – 0.038380000 – 0.038000000 — 65.05773168357 – 71.786658163038
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –