Moreover a ‘Triple bottom chart pattern’ chart layout is detected. The chart forms ‘Triple bottom chart pattern’. this is a bullish pattern signal. The pair is likely to go up.
The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards
A bearish movement down to the next support level at 0.038520000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.041500000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going 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 | 0.040130000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038000000 |
| 3rd Low | 0.037670000 |
0.039140000 – 0.039270000 – 0.038820000 – 0.038520000 – 0.038000000 – 0.038410000 — 81.523283794546 – 76.571265577526
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –