ETH/BTC – 4H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline up.
A bullish trend up to the next resistance at 0.03024 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.029290000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03205 |
| 2nd High | 0.03029 |
| Next High | 0.03024 |
| Current Price | 0.029480000 |
| Next Low | 0.029290000 |
| 2nd Low | |
| 3rd Low |
0.03024 – 0.03029 – 0.03205 – 0.029290000 – 0.02952 – 0.02958 —
0.029430000 – 0.029480000 —
33.253369675782 – 39.50629398844 —
0.029290000 – 1777665600 —
0.03024 – 1777435200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –