ETH/BTC – 30M – SELLFurthermore a ‘Double top chart pattern’ chart formation is detected. The chart picture shows ‘Double top chart pattern’. this is a bearish signal. The pair is likely to go down.
The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline down.
A bearish movement downwards to the next support at 0.038520000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.040440000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.041100000 |
| Next High | 0.040440000 |
| Current Price | 0.039970000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038380000 |
| 3rd Low | 0.038000000 |
0.040440000 – 0.041100000 – 0.040810000 – 0.039980000 – 0.038520000 – 0.038380000 — 36.096540074886 – 35.032691726677
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top chart pattern – –