ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline down.
A bearish movement downwards to the next support line at 0.038420000 will persist.
Caution: A possible change in the direction of resistance at 0.039040000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a bullish 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 | 0.039390000 |
| 2nd High | 0.039370000 |
| Next High | 0.039040000 |
| Current Price | 0.038670000 |
| Next Low | 0.038420000 |
| 2nd Low | 0.038210000 |
| 3rd Low | 0.038000000 |
0.038770000 – 0.038730000 – 0.039040000 – 0.038420000 – 0.038720000 – 0.038970000 — 65.604864981522 – 50.964912215714
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –