ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 0.0336 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.0326 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.03365 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.0336 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going 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 | 0.033500000 |
| Next Low | 0.0326 |
| 2nd Low | 0.03236 |
| 3rd Low | 0.0323 |
0.0336 – 0.03359 – 0.03365 – 0.0326 – 0.03236 – 0.0323 — 57.561979982064 – 58.313784876106 — 29.023383768913 – 43.410481829237 – 15.700113049784 – 27.822631554466
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –