ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.03272 is likely expected.
Caution: A possible change in the direction of the support zone at 0.03235 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03306 |
| 2nd High | 0.03292 |
| Next High | 0.03272 |
| Current Price | 0.032540000 |
| Next Low | 0.03235 |
| 2nd Low | 0.03225 |
| 3rd Low | 0.03213 |
0.03272 – 0.03292 – 0.0329 – 0.03235 – 0.03225 – 0.03213 — 52.743417391295 – 52.743417391295 — 88.420979118654 – 93.019763949997 – 87.940071751514 – 89.953907395768
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –