ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.03388 is certain.
Caution: A possible change in the direction of the support level at 0.03236 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Furthermore 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03442 |
| 2nd High | 0.03435 |
| Next High | 0.03388 |
| Current Price | 0.033850000 |
| Next Low | 0.03236 |
| 2nd Low | 0.03224 |
| 3rd Low | 0.03212 |
0.03388 – 0.0336 – 0.03365 – 0.03236 – 0.03224 – 0.03298 — 60.337338503117 – 63.6259470905 — 70.078080220394 – 89.634528764468 – 43.208666415404 – 66.990166515557
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –