The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline downwards
A bearish trend downwards to the next support at is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.03413 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.
In addition a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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 | 0.0353 |
| 2nd High | 0.0342 |
| Next High | 0.03413 |
| Current Price | 0.034120000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03413 – 0.0342 – 0.0341 – 0.03393 – 0.03382 – 0.03335 — 43.180182202321 – 42.020903846149 — 31.10859996716 – 40.940542446214 – 19.754378280564 – 30.182750782943
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –