The pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.0336 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.0326 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.03365 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.0336 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03435 |
| 2nd High | 0.03365 |
| Next High | 0.0336 |
| Current Price | 0.033710000 |
| Next Low | 0.0326 |
| 2nd Low | 0.03236 |
| 3rd Low | 0.0323 |
0.0336 – 0.03359 – 0.03365 – 0.0326 – 0.03236 – 0.0323 — 64.134629370484 – 64.736187017433 — 66.718214080374 – 80.72126727334 – 53.682005326566 – 66.226531057317
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –