ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 0.022130000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
There is also a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.022190000 |
| 2nd High | 0.022150000 |
| Next High | 0.022130000 |
| Current Price | 0.022140000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji