ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.041100000 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.039980000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.041630000 |
| 2nd High | 0.041500000 |
| Next High | 0.041100000 |
| Current Price | 0.040180000 |
| Next Low | 0.039980000 |
| 2nd Low | 0.038520000 |
| 3rd Low | 0.038380000 |
0.041100000 – 0.040810000 – 0.039470000 – 0.039980000 – 0.038520000 – 0.038380000 — 41.333405921965 – 41.922823241202
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –