ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.024060000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.023550000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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).
Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025960000 |
| 2nd High | 0.024270000 |
| Next High | 0.024060000 |
| Current Price | 0.023790000 |
| Next Low | 0.023550000 |
| 2nd Low | 0.023130000 |
| 3rd Low | 0.023120000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji