ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline upwards
A bullish ascent up to the next resistance level at 0.040280000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.038520000 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive 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 | 0.041100000 |
| 2nd High | 0.040440000 |
| Next High | 0.040280000 |
| Current Price | 0.039490000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038380000 |
| 3rd Low | 0.038000000 |
0.040280000 – 0.040440000 – 0.041100000 – 0.039700000 – 0.039980000 – 0.038520000 — 35.112171893562 – 36.403320930857
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –