The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascent upwards to the next resistance at 0.03305 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03393 |
| 2nd High | 0.03314 |
| Next High | 0.03305 |
| Current Price | 0.032990000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03305 – 0.03314 – 0.03393 – 0.032340000 – 0.03267 – 0.0327 — 55.983137534341 – 60.593512974289 — 90.206117894184 – 96.573454115794 – 83.23343859818 – 90.689928473833
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up – –