The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.03359 will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.03236 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
There is also a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03435 |
| 2nd High | 0.03365 |
| Next High | 0.03359 |
| Current Price | 0.033290000 |
| Next Low | 0.03236 |
| 2nd Low | 0.0323 |
| 3rd Low | 0.03224 |
0.03359 – 0.03365 – 0.03355 – 0.03236 – 0.0323 – 0.03224 — 50.476431466829 – 61.207715124912 — 75.448695613782 – 75.448695613782 – 85.422888877952 – 78.184676352355
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up – –