ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
An ascent upwards to the next resistance at 0.021750000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.021490000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.021940000 |
| 2nd High | 0.021790000 |
| Next High | 0.021750000 |
| Current Price | 0.021550000 |
| Next Low | 0.021490000 |
| 2nd Low | 0.021470000 |
| 3rd Low | 0.021450000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji