ETH/BTC – 1H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.0301 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.02925 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Morning Doji Star’ chart pattern is existing. The candles show ‘Morning Doji Star’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Morning Doji Star’ heading up is 76% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03033 |
| 2nd High | 0.03018 |
| Next High | 0.0301 |
| Current Price | 0.029570000 |
| Next Low | 0.02925 |
| 2nd Low | 0.02903 |
| 3rd Low | 0.02872 |
0.0301 – 0.03018 – 0.03033 – 0.02925 – 0.02927 – 0.02903 —
0.029470000 – 0.029720000 —
46.581293429111 – 47.063804701704 —
– —
0.0301 – 1772373600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Morning Doji Star – – –