ETH/BTC – 4H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.041100000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.038000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The 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 | 0.041630000 |
| 2nd High | 0.041500000 |
| Next High | 0.041100000 |
| Current Price | 0.039230000 |
| Next Low | 0.038000000 |
| 2nd Low | 0.036070000 |
| 3rd Low | 0.034670000 |
0.041100000 – 0.041500000 – 0.041630000 – 0.038000000 – 0.038220000 – 0.038510000 — 43.755548731224 – 43.948062716004
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –