ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 0.03246 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.03218 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘RSI cross above 70’ indicator layout is found. The indicator shows ‘RSI cross above 70’. which could be a positive chart scenario. The currency pair could go up.
Furthermore a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03328 |
| 2nd High | 0.03311 |
| Next High | 0.03246 |
| Current Price | 0.032840000 |
| Next Low | 0.03218 |
| 2nd Low | 0.03217 |
| 3rd Low | 0.03209 |
0.03246 – 0.03311 – 0.03293 – 0.03218 – 0.03217 – 0.03263 — 66.257422549872 – 70.216515836673 — 79.458954071957 – 80.646185599746 – 87.083638373628 – 82.177120360815
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –