ETH/BTC – 4H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.03515 will persist.
Caution: A possible counter-trend in the direction of support at 0.03413 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish signal. The 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 | 0.03687 |
| 2nd High | 0.0353 |
| Next High | 0.03515 |
| Current Price | 0.034880000 |
| Next Low | 0.03413 |
| 2nd Low | 0.03384 |
| 3rd Low | 0.03382 |
0.03515 – 0.03449 – 0.03413 – 0.03413 – 0.03384 – 0.03393 — 60.575683395887 – 61.375121885632 — 85.752190805343 – 93.608637805752 – 68.565212985488 – 82.044995347417
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –