ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.038840000 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.038610000 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 0.039370000 |
| 2nd High | 0.039040000 |
| Next High | 0.038840000 |
| Current Price | 0.038700000 |
| Next Low | 0.038610000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.038420000 |
0.038840000 – 0.038770000 – 0.038730000 – 0.038610000 – 0.038510000 – 0.038420000 — 47.90601573122 – 54.530457202414
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up – –