ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.039390000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.038210000 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040280000 |
| 2nd High | 0.039720000 |
| Next High | 0.039390000 |
| Current Price | 0.038720000 |
| Next Low | 0.038210000 |
| 2nd Low | 0.038000000 |
| 3rd Low | 0.037670000 |
0.039390000 – 0.039720000 – 0.038910000 – 0.038210000 – 0.038400000 – 0.038930000 — 41.166070643268 – 44.521531983766
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –