ETH/BTC – 1H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.03452 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.03376 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.036 |
| 2nd High | 0.0353 |
| Next High | 0.03452 |
| Current Price | 0.034180000 |
| Next Low | 0.03376 |
| 2nd Low | 0.03353 |
| 3rd Low | 0.03347 |
0.03452 – 0.03402 – 0.03405 – 0.03376 – 0.03353 – 0.03347 — 48.443206610084 – 49.632644809902 — 82.844894230093 – 99.140253472954 – 62.782655901796 – 83.657825947946
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –