ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.023950000 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 0.023130000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025960000 |
| 2nd High | 0.024270000 |
| Next High | 0.023950000 |
| Current Price | 0.023930000 |
| Next Low | 0.023130000 |
| 2nd Low | 0.023120000 |
| 3rd Low | 0.022830000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji