ETH/BTC – 1H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 0.0298 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.02877 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03359 |
| 2nd High | 0.0306 |
| Next High | 0.0298 |
| Current Price | 0.029270000 |
| Next Low | 0.02877 |
| 2nd Low | 0.02855 |
| 3rd Low | 0.02469 |
0.0298 – 0.0306 – 0.03023 – 0.02877 – 0.02885 – 0.02855 —
0.029300000 – 0.029310000 —
49.813975917039 – 49.495608297184 —
– —
0.0298 – 1770339600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –