ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 0.03453 is certain.
Caution: A possible change in the direction of the support line at 0.0336 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 0.03538 |
| 2nd High | 0.0346 |
| Next High | 0.03453 |
| Current Price | 0.033900000 |
| Next Low | 0.0336 |
| 2nd Low | 0.03218 |
| 3rd Low | 0.03217 |
0.03453 – 0.0346 – 0.03457 – 0.0336 – 0.03372 – 0.03218 — 44.996818634654 – 47.021265109072 — 58.734429496761 – 92.067762830095 – 43.374137150121 – 61.200952294459
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –