ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 0.03529 is expected.
Caution: A possible reversal of the trend in the direction of the support line at could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. 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 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 | 0.03529 |
| Current Price | 0.034680000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03529 – 0.03473 – 0.03475 – 0.034450000 – 0.03443 – 0.03443 — 38.305588968982 – 39.146576239678 — 25.917776203086 – 31.969567001082 – 22.17440899892 – 26.119072270215
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –