The pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.03277 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.03315 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
Also there is a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03462 |
| 2nd High | 0.03395 |
| Next High | 0.03315 |
| Current Price | 0.032800000 |
| Next Low | 0.03277 |
| 2nd Low | 0.03276 |
| 3rd Low | 0.03275 |
0.03315 – 0.03395 – 0.03352 – 0.03277 – 0.03276 – 0.03278 —
0.032880000 – 0.032940000 —
41.57322144002 – 44.701245374774 —
– —
0.03315 – 1769144400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –