ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 0.03306 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.03213 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
In addition a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency 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 | 0.03393 |
| Next High | 0.03306 |
| Current Price | 0.032640000 |
| Next Low | 0.03213 |
| 2nd Low | 0.03212 |
| 3rd Low | 0.03201 |
0.03306 – 0.03393 – 0.03388 – 0.03213 – 0.03234 – 0.03232 — 45.92812790173 – 49.74019703674 — 21.833953073171 – 36.803437759911 – 24.420654208661 – 24.437469636015
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –