ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.038770000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.038420000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039390000 |
| 2nd High | 0.039040000 |
| Next High | 0.038770000 |
| Current Price | 0.038700000 |
| Next Low | 0.038420000 |
| 2nd Low | 0.038210000 |
| 3rd Low | 0.038000000 |
0.038770000 – 0.039040000 – 0.039390000 – 0.038420000 – 0.038210000 – 0.038400000 — 37.680746430706 – 50.703268211979
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –